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$225,000 for a parking space; WTF?

click here for the New York Times story about the eight-person long waiting list for the five $225,000 parking spots at 246 West 17th.

As the story points out (though somewhat obliquely) much of what’s behind Manhattan’s high parking space prices is speculation — buyers often plan to rent them out or re-sell them.

Posted in For Gawkers 13 years, 1 month ago at 5:49 pm.

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