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Premium Parking

New, 38 comments

Parking in New York is a bitch. It's also expensive. People pay hundreds of dollars every month for prime parking real estate, but who wants to rent? Not Park Slopers, that's for sure. One earthly being just dropped $80,000 for a permanent parking spot in a garage on Seventh Avenue near President Street. Two other spots in the garage sold for $50K and $62.5K earlier this year, and despite the insane prices, people are scrambling for any available spots because a 300-unit garage is closing down to become?can you guess??condos. [DNAinfo]