What Does a $225,000 Parking Space Look Like?

2007_07_brickparkingsace.jpg

Well, it looks like its walls are made out of regular ol' brick. Maybe it's been artfully distressed, but given it goes for $225,000, we were expecting marble, maybe a robot manservant, though some people do go gaga for exposed brick. This the parking space mentioned in last week's NY Times article, the one that made New Yorkers and non-New Yorkers alike think, "What the hell is going on with the real estate market?" The space is at new building 246 West 17th, whose website is Sim City-ish and really annoying.

Nightline also featured the parking space last week (here's a link to the video). It's hilariously depressing because not only does the segment reference the Seinfeld episode "Alternate Side," it might also be city garage porn to others. And we wonder if parking space owners can hang their own posters

Photograph of Core Group Marketing SVP Tom Postilo showing the $225,000 parking space by Kathy Willens/AP

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Comments (15) [rss]

So any pixelated building is sim city-ish? sure is an annoying little movie though.

For $225000 I would valet park for 2 years...and chauffer them too...
Ok, maybe 3 years...

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Actually, as someone who finds himself doing a lot of Real Estate ads these days, the "Sim City" motif seems quite inventive compared to what's out there. I know if I came up with it, my bosses would be all kinds of impressed. Sure they could have done more with it, but do you think you could have come up with this concept Ms. Jen "when not working at a NY advertising agency" Chung?

Hey, considering how much apartments are going for in Manhattan, that looks about right in $ per square foot. Slap up a little drywall, add a kitchen and bathroom and you could probably rent it out as an efficiency for $4-5k per month.

"tit might also be city garage porn to others."

Tits are usually just regular old porn.

/Spelling Nazi or Freudian Slip Spotter?

The annoying thing about the page is that it starts playing music without any prompting by a visitor. That is intrusive and annoying, like an audio pop-up ad. Perhaps the building is marketing to a MySpace demographic.

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More like Pixel Art...

Your right...that is the most annoying website, I've ever seen!!!

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"...tit might also be city garage porn..."

The above typo -- and another sentence that begins with the word "and" -- means I don't need to look at who the sucky writer is.

I have no problems with the Sim City concept, but from a user interface perspective, I just think the Flash load time is tiresome.

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How can something be hilariously depressing?

The author wrote: "The space is at new building 246 West 17th, whose website is Sim City-ish and really annoying.

How is it possible that Gothamist has been nominated for "Best Blog" in various contests (as stated on the "About Gothamist" page)? It boggles the mind. These so-called writers are simply publishing crap. This post even contains a sentence without any punctuation!

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Actually, that's a very desirable parking space for someone with an exotic car. A friend of mine owns a Ferarri and he pays an astronomical amount monthly to have his car parked in a garage that has spaces that are enclosed on three sides like that. If you are spending hundreds of thousands of dollars on a car, you don't want some idiot dinging your door when they get into their car in the space next to you. The guy who bought this probably has some rare car that needs special protection.

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i don't see how the math of owning a parking space makes sense. even if it was the bargain price of $150,000.00 and the garage down the block charged the $1,000.00 a month, it would still take over 10 years before you were in the black... and that's not including the "maintenance" you pay on the spot and any real estate taxes.

and to #12's point, if you're parking a ferrari in a public garage, you just slip the guys who work there some twenties once in a while and your car will be fine. i had an old sports car parked in one for a while and never had any issues.

exposed brick parking space! i hear that's all the rage in parking spaces these days.

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to #13, don't forget you own the space. So assuming the price doesn't increase at all (which is unlikely), all you wind up paying out is the interest on the mortgage and maintenance fees, since you recoup the $150K when you sell the spot.

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