Midtown has priciest U.S. parking

July 26, 2007 12:00AM

A recent report by the Collier International Parking Survey shows that Midtown Manhattan has the most expensive parking in the U.S., with a median rate of $630 per month. Downtown Manhattan was named second most expensive, with a median monthly price of $500, and Boston came in third at $460. New York’s garages are priced well above the nation’s median of $152 per month. Collier notes that parking costs in central business districts are rising as office space is expanding amidst a tight real estate market. more [Post]

Comments are closed.