Wednesday, June 10, 2009

$300,000 for a parking space

You think that it's bad how much change you have to put into the parking meters when you park? Well, imagine paying $300,000 for a parking space.

Yeah, $300,000. For a parking space.

The Boston Globe reports:
Debra Sordillo, the Coldwell sales agent who brokered the deal, said several residents at 48 Commonwealth Ave. engaged in a bidding war for the space, driving the original asking price of $250,000 up to the record-breaking $300,000. The winning bidder did not want to be identified, she said.

Though the price is more than what many people pay for a house, Sordillo said prime parking spaces in a neighborhood just a block from the Public Garden are in short supply.
I cannot imagine that.

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