Monday, June 17, 2013

All Sensibilities Appear Lost ~ CarScoops

Two Boston Parking Spaces Sell for $560,000 During Bidding War Between Neighbors!

How much would you be willing to pay for a parking space you badly need? We’re guessing that, for most people, it can’t be $280,000 (€209,770). Yes, you read that right, a man in Boston paid $560,000 (€419,760) for two tandem parking spots located in an exclusive neighborhood in the Back Bay area of the city!According to a report, the initial auction from the IRS started at $42,000. So how did they end up costing more than thirteen times that amount? Well, it was all caused by a bidding war between two neighbors. Both wanted the parking spots behind 298 Commonwealth Ave. so badly that they were carried away with the bidding.

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