by Zolton in New Trends on Tuesday 22 May 2012

Only in New York? We think so, though those in Tokyo may disagree. According to that reputable news source, the UK’s Daily Mail, a ‘developer of a luxury condo building in New York City’s Greenwich Village has listed a parking spot for $1 million’. That’s right. And the spot only holds one car, measuring in at an underwhelming 12 feet by 23 feet. So is it even semi-reasonable to ask this much? The New York Post thinks not. They’ve determined that ‘driver would have to rack up a $115 illegal parking ticket every day for 24 years before reaching the cost of this luxury garage’. Ah, the joys of deep pockets.