By Associated Press - Tuesday, March 7, 2017

NEW YORK (AP) - A parking space at a garage in Park Slope, Brooklyn, is on the market for $300,000.

NBC New York (https://bit.ly/2lXUNsi ) says the last one there sold for $280,000.

A neighborhood resident, Julie Hollar, says the sky-high parking costs more than her parents paid for their house.

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Julia Kite of the advocacy group Transportation Alternatives says it’s also around the current price of a condo in another part of Brooklyn.

But it’s the new normal since developers tore down a 300-space garage to build new homes.

Karen Ratner says she paid more than $100,000 for her spot a few years ago.

She says there’s just “no other parking available.”

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Information from: WNBC-TV, https://www.nbcnewyork.com

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