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Wednesday, March 29, 2006
Did the Indiana Minivan Get a Good Deal?
 Last weekend, the omnipresent photoblogger Joe Schumacher wrote in on March 26 to note that he attempted to visit the minivan from Indiana that was parked in the same 1-hour space for a week. Sadly (from the perspective of spectacle), the vehicle had been moved or removed by that time he got there. Starts & Fits' roving correspondent Gary Roth fills in the blanks with an e-mail from March 24: Got in to work today … and the car was gone. When I left last night at 6:00, it was still there — so it was sitting there about 13 to 14 days. Always yearning for information about parking policies and the odd case study, intrepid Mr. Roth even took the liberty of studying the tickets on the vehicle to see how strictly the two parking regulations at this prime location were being enforced.
Not that strictly. On his last tickent count before the car disappeared, Gary noted zero of the $115 tickets for violating the half-hour early morning parking ban to make way for the street sweeper. Here's what he did see: As of last night (3/20) at 9:00PM, the guy had four parking tickets. All of them were for expired meters ($65). I would guess he removed three or four others. Given these findings, let's assume that over the course of 14 days, this errant parker had racked up 12 $65 tickets (don't forget pay-to-pray: the one-hour rule is not enforced on Sundays) and zero $115 tickets. This guy's tab was $780, or $55.71 per day to use 300 square feet of prime space on Fifth Avenue. That's a $5.57 per square foot per month. Any real estate experts out there might know this better than I do: How does that rate compare to renting an apartment on Fifth Avenue? What about renting a hotel room? What about leasing office space?
- What About the Plastic Animals? - Welcome to New York [S&F] - Parking Math: Tow It Yourself [S&F] - Automobile Worship [Naparstek]- Posted at 10:52 PM |
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