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? > ------------------------ Yahoo! Groups Sponsor --------------------~--> Yahoo! Groups gets a make over. See the new email design. http://us.click.yahoo.com/XISQkA/lOaOAA/yQLSAA/Y2tolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/