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September 10, 2014

NYC condo offers $1M parking spot

NEW YORK (AP) — A condo development in New York City's pricy SoHo neighborhood is charging for a parking spot as much as it would cost to buy a nice house many cities — $1 million.

The New York Times (http://nyti.ms/ZfYihP ) reports the 10 underground spots at 42 Crosby St. will cost more per square foot than the apartments upstairs. The parking spots will run between $5,000 and $6,666 a square foot.


 
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