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May 21, 2012
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I seem to recall an entertainment figure tearing down a building and putting up a garage with a car elevator a few years ago. Maybe a million isn't that much.
Posted by: Not My Usual Alias | May 21, 2012 at 11:53 AM
PSHWWW! I throw that much money around on a dull weekend.
Posted by: MikeyVA | May 21, 2012 at 12:06 PM
There is no parking space; there is only Zul.
Posted by: Clankie | May 21, 2012 at 01:04 PM
As even the Post points out, you can get a ticket every day for 24 years and spend less money. And as nursecindy pointed out, it would be (a lot) cheaper to forego the car and just take cabs or a private car service to get around.
But this is just another sign that You. Have. Too. Much. Money.
Posted by: Jeff Meyerson | May 21, 2012 at 02:50 PM
For those of you wondering how Jeff knew I had said the above, he sent me this article earlier this morning. I do think it would be cheaper to take a private car. I'm also sure that whoever buys this parking space wouldn't be caught dead on the subway or a bus.
Posted by: nursecindy | May 21, 2012 at 03:23 PM
It's a depreciable asset with a mortgage interest deduction. You can also use it for a car or other vehicle. The one percenter who can afford this can also afford a sedan chair and bearers, which can probably travel faster than a car in NYC.
Posted by: Ralph | May 21, 2012 at 03:58 PM
Of course, by "NYC" Ralph (and most others who make the reference) means Manhattan. Where the majority of New Yorkers live (in the other four boroughs) is a lot more drivable (and liveable).
Posted by: Jeff Meyerson | May 21, 2012 at 05:35 PM
Pffftt...come to Vancouver. Our downtown parking spaces sell for a mere $150K.
Posted by: Afkat | May 21, 2012 at 07:53 PM
Parking spot envy? Sort of like every Christmas at every mall in America?
Posted by: Steve | May 22, 2012 at 12:43 PM