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Old 06-11-2009, 01:42 PM
Boston X5 4.4's Avatar
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Join Date: Aug 2005
Location: X5world
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Boston X5 4.4 is on a distinguished road
What recession? $300K paid for an outdoor parking spot in Boston

For the price of a house in some areas you too can have an outdoor, uncovered parking spot in an alley in Boston...now don't all rush to pull out your check books.
Amazing and just a few blocks down the street from me. I'll have to take a second look when I walk past to see if it is paved with gold.


$300,000 price sets record - for parking
By Megan Woolhouse
Globe Staff / June 11, 2009

Housing prices may be down, but the cost of a coveted parking space is up. Way up.
An unidentified buyer yesterday paid $300,000 for a private parking space in the Back Bay, making it the most expensive parking space in Boston, according to Listing Information Network, which tracks the city's real estate market.

The $300,000 space came with few amenities other than the prime location; it is outdoors and uncovered.

The previous record for an open-air parking space was set in 2006, when a buyer paid $250,000 for a space behind 31-33 Commonwealth Ave.


$300,000 price sets record - for parking - The Boston Globe
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