Buying a parking spot in NYC? That'll be $1 million please!...by Michael Haltman at TPC

What will $1 million buy in New York City? How about a 12' wide, 23' deep and 15' high parking spot!

Is this merely supply and demand or a case of decadence, thy name is NYC!

This concrete slab is located at 66 East 11th Street in a building where the penthouse apartment will have an asking price of $38.8 million.

The garage will be offered at a price of $1 million and probably sell for well above in a bidding war likely to develop...

Read the story at The Political Commentator here.