It’s only similar to 2004 NYY/BOS if Spurs win the League and stay consistently even from there. The only thing they did was finish higher than their rivals for the first time that anyone under the age of 30 can remember. I don’t think you get hardware for that.
Arsenal has their own issues for sure. They also have been more concerned about winning the league than just trying to finish higher than another club for the last 25 years.