8. Governance: New Game in Town, Clear Rules Needed*

* For their guidance with this chapter, I am grateful to Michael Timmeny, Senior Vice President of Government and Community Relations at Cisco; Travis LeBlanc, Bureau Chief of the Enforcement Division of the Federal Communications Commission (FCC); and Dr. Robert Pepper, Vice President of Public Policy at Cisco.

The 301 square miles that comprise New York City include some of the most expensive real estate properties in the world. Recently, a private apartment in New York with views of Central Park sold for more than $70 million. While a record, deals for $15 million apartments are made every week with little notice or surprise.

The city is not only expensive for residents who devote, on average, ...

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