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It is now over a thousand per month for a dedicated space in Manhattan, and that seems to be about the right price.
by pclmulqdq 3y ago
It is now over a thousand per month for a dedicated space in Manhattan, and that seems to be about the right price.
- _rs 3y agoThere are plenty of garages in Manhattan with monthly rates around 500. It really depends on neighborhood
- jcranmer 3y agoA parking space takes up about 200 ft² (not counting things like the width of the travel lane between parking spaces), and office rent in Manhattan runs about $7-8/ft² each month. Chances are, even at well over $1000/month, the parking infrastructure is still effectively below the cost of the space it takes up.
- NovemberWhiskey 3y agoOn the other hand, a parking space is a bare concrete slab, or even a lift holding several cars over a bare concrete slab; and an office building is ... not.
- tmnvix 3y agoAs I understand it, parking buildings are actually more expensive to construct due to the engineering requirements