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Parking space in Boston sells for $300,000

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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:42 AM
Original message
Parking space in Boston sells for $300,000
Seriously, I just put 2 garbage cans along the street to claim my parking space, why can't this guy do the same thing??

http://news.yahoo.com/s/ap/20090611/ap_on_re_us/300000_parking_space;_ylt=AuRgPRuo1I2Ikfowqu65bQ8DW7oF

BOSTON – A real estate agent says a resident of Boston's upscale Back Bay section plunked down $300,000 to own what is believed to be the priciest parking space in the city's history.

Coldwell Banker Residential Brokerage agent Debra Sordillo told The Boston Globe that several residents of a building on Commonwealth Ave. bid for the coveted space, driving up what had been the original asking price of $250,000.

Sordillo said prime parking spaces are very difficult to come by in the neighborhood near the Public Garden.

The winning bidder was not identified. The Globe reported that the seller of the parking the space is also trying to sell a two-bedroom suite in the building for $2.5 million.

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mainegreen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:44 AM
Response to Original message
1. Good lord.
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madinmaryland Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:47 AM
Response to Original message
2. I've heard the same thing about parking spaces in NYC and lower manhattan.
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:55 AM
Response to Reply #2
4. Friend of mine paid $300 a month for his parking space in his apartment building in Hell's Kitchen
Was also paying $1600 a month for the 400 sq. ft. studio he lived in.

And that was ten years ago.
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 10:01 AM
Response to Reply #4
6. I'd love to live in NYC but this is why I don't
:cry:

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jmm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:48 AM
Response to Original message
3. Maybe in Brighton or here in Somerville he'd use a can
but not in back Bay.
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bicentennial_baby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 09:56 AM
Response to Reply #3
5. Exactly
And finding parking on Comm Ave... :rofl:
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Gormy Cuss Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 11:34 AM
Response to Reply #3
9. The classier people in Somerville use old kitchen chairs.
;)
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petronius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 11:23 AM
Response to Original message
7. That's obscene! The original quarter-million asking price was reasonable of course,
but $300k is just disgusting!

Doesn't Boston have laws against claiming spaces on the street with objects? Or is that just during a snow emergency or something? (I ask out of curiousity, not to snarkily accuse you of curbside criminality... :))
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 11:33 AM
Response to Reply #7
8. I live in Wilmington DE
And this week is the Italian Festival, which means everyone has their spots protected and the police are nice enough to let it slide.
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petronius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 11:40 AM
Response to Reply #8
10. That seems fair - I'm typically a believer in 'locals first'
My inlaws live in Boston and they tried to explain the parking space rules to me once - I left with the impression that there are fairly straightforward laws, and then there's what really happens. And the ethos governing the 'what really happens' was complex enough that you probably have to be born into it... :)
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