Parking garages up prices for Barclays

New York /
Sep.September 28, 2012 11:00 AM

Parking garages near the Barclays Center are jacking up prices and considering arena shuttle service in hopes of reaping the benefits of Brooklyn’s new arena.

Some garage owners are offering flat rates — $30 dollars at the corner of Atlantic and Grand Avenues more than a half-mile from the stadium— or considering shuttle service for the arena’s Nets games, concerts, and other events.

Driving to the stadium is discouraged by city officials, as the arena seats 18,000 but offers just 650 on-site spaces (including 150 VIP spots) and 700 spots in nearby private garages, but there are 1,400 parking spaces in private garages within a half-mile of the stadium, the Wall Street Journal reported.

Some garages have even begun advertising for Barclays events, which kick off tonight with the first of eight Jay-Z concerts.

Nearby areas have seen rising rents and a surge of new restaurants and bars, thanks to the arena. [WSJ] — Jane C. Timm


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Blue Flag Partners' Jason Brown with 326 Front Street (LinkedIn, Getty, Greenporter Hotel)
Investors buy North Fork’s Greenporter hotel
Investors buy North Fork’s Greenporter hotel
People, apartments
NYC’s millionaire renters on the rise
NYC’s millionaire renters on the rise
Northwind Group’s Ran Eliasaf with 128 East 28th Street
Northwind files to foreclose on NoMad condo, rental properties
Northwind files to foreclose on NoMad condo, rental properties
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
370 Livingston Street (Google Maps, Getty)
Developer plans 105 units in Downtown Brooklyn
Developer plans 105 units in Downtown Brooklyn
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...