The cost of renting a parking space in downtown Charleston has risen considerably over the last few decades. So have the fines for parking in the wrong place.
But the Holy City can’t match the Big Apple for parking inflation. A New York City parking space is scheduled to go on the market this fall with an asking price of $1 million.
According to the New York Post, the 12-foot wide, 15-foot-long, 23-foot high space is in a former Greenwich Village parking garage that’s being converted into six luxury condos.
Only those who purchase one of two 8,000-square-foot penthouses will be eligible to buy the parking place.
The larger unit includes a 3,000-square-foot terrace. The list price for those who want to park themselves in that lush pad is $39 million. Despite that hefty sum, though, the parking place is $1 million extra — with a separate deed, sales contract and maintenance fees.
Sounds mighty steep. Yet if you spring for an auto elevator, that 23-foot height could be used to make room for a second vehicle. The space also has major location-location-location advantages, including direct access to East 11th Street.
As Dolly Lenz, the Prudential Douglas Elliman executive who’s handling the parking property, told the Post:
“It’s for someone who wants complete privacy. You can drive in and not be seen again. It’s for the type of person who finds that attractive. It could be a celebrity or a business person who is camera shy.”
And hey, if you spent a million bucks on a parking space, you might not want anybody to take your picture, either.