Pricey parking spot in Brooklyn on the market for $300,000

By The Associated Press | Posted - Mar. 7, 2017 at 7:14 a.m.



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NEW YORK (AP) — A parking space at a garage in Park Slope, Brooklyn, is on the market for $300,000.

NBC New York (http://bit.ly/2lXUNsi ) says the last one there sold for $280,000.

A neighborhood resident, Julie Hollar, says the sky-high parking costs more than her parents paid for their house.

Julia Kite of the advocacy group Transportation Alternatives says it's also around the current price of a condo in another part of Brooklyn.

But it's the new normal since developers tore down a 300-space garage to build new homes.

Karen Ratner says she paid more than $100,000 for her spot a few years ago.

She says there's just "no other parking available."

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Information from: WNBC-TV, http://www.nbcnewyork.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

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