So in an effort to appease subsidy-happy drivers, lawmakers figured out what the average monthly parking rates were and tested the resulting $155 figure.
"You'd still never earn as much as you owe, and, by the way, are you aware that your monthly parking spot in the garage is in foreclosure?" I wondered how much I could get on Craigslist for my cat.
The cumulative impact of the three laws, Mr. Miller said, is a potential savings for shareholders or unit owners of 4.25percenttoto 18.25 percent of their monthly parking charges, depending on where the parking facility is.
But many people still keep cars in Manhattan, and they are left to mourn a favorite parking lot suddenly surrounded by a construction fence, to swallow hard when the cost of monthly parking goes up again, or to engage in an exasperating hunt for a spot at the curb.
But leaders in Chinatown say the city is slowly choking this connection, first by disrupting service to the Grand Street subway station, a major entry point for Chinese-Americans in Brooklyn, and now by shutting down the Manhattan Civic Center Parking Garage, a four-level municipal parking lot used by many day trippers as well as by local residents who are seeking affordable monthly parking.
Long Island Less than $300,000 Long Beach $295,0003100 Riverside Blvd., Granada Towers Number of bedrooms: 1 Number of full bathrooms: 1 Number of half bathrooms: 0 Weeks on market: 3 months 680-square-foot third-floor condo in a 7-story 1929 building; walk to ocean; common charge $231 $500 monthly parking fee; taxes $3,500; listed at $325,000.
Long Island Less than $300,000 Long Beach $294,500 410 East Broadway Number of bedrooms: 1 Number of full bathrooms: 1 Number of half bathrooms: 0 Time on the market: 4 weeks 27 year-old co-op; kitchen, dining area, living room, terrace, h/w floors, ocean view; maintenance $751 , 60 tax deductible; monthly parking $60; listed at $299,000.
Although prices haven't been made final, Mr. Finkelman says he expects a monthly parking permit to cost around $375, with residents getting a not-yet-determined discount, and the daily rate of up to three hours will be around $25.
Triple-digit monthly parking fees, $12 movie tickets, clogged intersections and weekly grocery bills that rival some mortgage payments.
That works out to just over $800 per acre (a monthly parking fee in Manhattan), and it's a safe bet that this land will fetch much more when the hammer comes down.
