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A comment on MTA board votes to approve new $15 toll to drive into Manhattan. Parent comment

Re:MTA board votes to approve new $15 toll to drive into Man... by jcranmer on Wednesday March 27, 2024 @09:03PM (#39846618)
FWIW, Manhattan commercial real estate goes for about $80/ft²/yr. A parking space therefore costs about $40/day in real estate rent, so $15/day is well below costs.
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Re:MTA board votes to approve new $15 toll to drive into Man... by supertrope on Wednesday March 27, 2024 @09:46PM (#39846906)
Is that $80/ft^2/yr raw land value? Indoor space cannot be directly compared against a spot in a garage that’s not climate controlled and is more vulnerable to vandalism.
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