Manhattan

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Parking Spot for Sale: $225,000
Parking Spot for Sale: $225,000

Parking Spot for Sale: $225,000

Manhattan drivers pay house rates to stash their cars

(Newser) - The price of New York City parking has doubled in five years, with some drivers currently vying for the chance to pay an astronomical $225,000 for one of five private parking spaces in the basement of a Manhattan condo, the New York Times reports. That's the price of a...

Office Rents Soar in US
Office Rents Soar in US

Office Rents Soar in US

Companies are bearing the brunt of a price surge for commercial leases

(Newser) - The price of office space has surged nationwide due to a dwindling store of vacant commercial property and picky landlords increasingly keen on attracting well-heeled tenants. Across the country, leases spiked an average of 3.1% in the second quarter, following an increase of 2.8% in the first.

Bloomberg Aims to Take NYC Green
Bloomberg
Aims to Take NYC Green

Bloomberg Aims to Take NYC Green

Plan calls for $8 fee to drive into Manhattan

(Newser) - Michael Bloomberg chose Earth Day to launch an ambitious, expensive and politically uncertain campaign to make New York City “the first environmentally sustainable 21st-century city.” The most provocative proposal: charging drivers $8 a day for entering Manhattan below 86th Street.

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