Let's see. On a certain property on the waterfront where 138 units are 
to be built, the original valuation came in at $175,000, or $1,268 per 
unit. Figure a housing unit is the size of approximately 20 cars, 
you're looking at $63.40 for the space. Of course, that's based on 
prime oceanfront real-estate.  6 blocks away, you have to chop off at 
least 75% of that value. So, based on Redevelopment Math, we're 
talking $15.85.

Besides, no one wants to park there anyway, and it will bring badly 
needed ratables. 

--- In AsburyPark@yahoogroups.com, "Jim" <[EMAIL PROTECTED]> wrote:
>
> Does anyone have a idea on what a parking space is worth in a City 
like Asbury Park?In the downtown area.There has to rough price?
>







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