Why Don’t You Take This Opportunity to Drive to Work?

A recent study showed that it is cheaper to park a car in New York’s central business districts than it is in the other global financial capitals.

Place Monthly parking cost
London (West End) $898
City of London $896
Tokyo $702
Hong Kong $682
Midtown Manhattan $574
Downtown Manhattan $500

But apparently parking is a seasonal business, and it gets so cheap here in the summer that parking lot owners are encouraging rail riders to drive instead. A Streetsblog tipster reports that he was walking through Penn Station last week when he was handed the following flier.

parking_bulletin.jpg

Summer may be the best time to commute by car, but as our tipster notes, it’s also the best time for ozone production. At a time when state and local governments are encouraging people to use mass transit, their efforts are being undermined by parking garage operators targeting rail riders. Oh well. There’s nothing illegal about it. I guess all you can do is shrug, store this information away for the next time people are complaining about lack of parking, and conclude, as our tipster does, "I guess there’s no parking shortage in NYC."

  • Andy

    But don’t forget that the British Pound is practically double the US Dollar (currently $1.86). In the context of cost of living, Manhattan might actually be more expensive then London.

  • AD

    I’m sure they calculated an appropriate exchange rate to make it comparable. What struck me the most was that that was after the congestion pricing.

  • That website and advertisement was for Icon Parking. They have no garages that have bike parking in my experience. Write to them at http://www.weparknewyork.com/Contact_Us.asp and ask them to offer bike parking. Tell them your would pay good money for it too – like $30-60 a month and remind them that they can fit 10-15 bikes or more in the same space as a automobile. Tell them it would earn them more money than the $168 rate they are offering in Midtown.

  • AD

    Right on Glenn! I like the way you think.

ALSO ON STREETSBLOG

Congestion Pricing Should be Attached to Parking Reform

|
The daily scene on SoHo’s Crosby Street, jammed with illegally parked government employees. The Observer reported on Wednesday that Walter McCaffrey’s Committee to Keep New York City Congestion Tax Free recently solicited UCLA parking policy guru Donald Shoup to do a study of curbside parking policy in New York. Carolyn Konheim, a Brooklyn-based transportation consultant […]

Officer Convicted in Beating Was Handing Off Parking Placard

|
From the New York Times, via an eagle-eyed Streetsblog tipster: A police captain who admitted having a forbidden affair with an officer under his command was convicted yesterday of brutally beating her on a Greenwich Village street. The jury in State Supreme Court in Manhattan found the captain, Alberto Sanchez, guilty of third-degree assault, a […]

More Park(ing) Day: San Fran Rolls Out the Parkcycle

|
  I was pretty sure that New York City had San Francisco beat for this year’s Park(ing) Day, what, with the children’s reading hour and the on-street gymnasium in Brooklyn; Staten Island and Queens getting in on the act; and German tourists frolicking on the sod in front of the MoMA (all captured by StreetFilms, […]

Three Concrete Proposals for New York City Traffic Relief

|
This Morning’s Forum: Road Pricing Worked in London. Can It Work in New York? Three specific proposals to reduce New York City’s ever-increasing traffic congestion emerged from a highly anticipated Manhattan Institute forum this morning. One seeks variable prices on cars driving in to central Manhattan, with express toll lanes and higher parking fees to keep things […]

DCP Releases Timid Parking Reform Study for the Boroughs

|
A report from the Department of City Planning issued during the final days of the Bloomberg administration is a trove of data about parking, but a look behind the pretty maps reveals a department that remains focused on dictating the supply of parking spaces and reluctant to use its power to reduce traffic and improve housing […]

Streetfilms: Excuses

|
Streetfilms’ Clarence Eckerson was walking around Manhattan one day last summer feeling what he describes as "a little sympathy for what it must be like to be a ticket writer in this town." He turned on his ever-present video camera and began shooting illegally parked cars and the variety of placards, badges and hand-scrawled notes […]