POSTINGS

ast week, The Commercial Observer launched its latest blog, Wired City, which focuses on one of outgoing Mayor Michael Bloombergs signature initiatives, expanding the availability of advanced communications in Manhattans estimated 400 million square feet of commercial property. Despite the advantages of fiber technologyit boasts speeds up to 150 Mbpsa mere 5 percent of the citys buildings are wired for fiber, and New York ranks just 10th in worldwide connectivity speeds, behind smaller U.S. cities in Tennessee and Virginia. Below, a few key statistics on advanced connectivity.

Wired City, by the Numbers

According to a Comcast survey from 2011, 90 percent of building owners placed advanced communications fourth on a list of most important selling points, behind price, parking and location.

90%

10

90 to 120 days
Length of time, on average, it takes to install fiber in a building

U.S. map, based on ranking of cities worldwide for fastest Internet speeds (data current as of July 2012):
Chattanooga, Tenn.: 1st Bristol, Va.: 5th San Francisco, Calif.: 6th New York, N.Y.: 10th

Definitions:
BroadbandThe general term for high-speed Internet DSLTechnology that transmits information at speeds up to 6 Mbps FiberTechnology that transmits information speeds up to 150 Mbps Log onto commercialobserver. com/topics/wired-city each day for up-to-the minute news on technology and infrastructure matters impacting New York Citys real estate industry.
illustrations br derrick dent

45 to 60 days
Time spent waiting for city permits to install fiber

Estimated percentage of commercial buildings in New York wired for fiber

5%

22|JULY 23, 2013|THE COMMERCIAL OBSERVER