Brooklyn Parking Space Sells for $300,000

While  $300,000 will score you a pretty nice home in many American cities,  that's the cost of a measly parking space in Brooklyn, New York. “That’s  more than my parents paid for their house,” said Julie Hollar of the  parking spot, which is in a Park Slope garage where the last spot sold  for $280,000. 

While critics decry the steep price as turning parking  spaces into investment opportunities, NBC New York points out that,  across the bridge in Manhattan, some spaces sell for $1 million or more.

Source:  NBC New York

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