|Boston woman pays $560,000 for 2 parking spots||| Print ||
|Written by Associated Press|
|Friday, 14 June 2013 10:55|
BOSTON (AP) — Parking is such a precious commodity in Boston that one woman was willing to pay $560,000 for two off-street spaces near her home.
Lisa Blumenthal won the spots in the city's Back Bay neighborhood during an on-site auction Thursday held in a steady rain by the Internal Revenue Service. The IRS had seized the spots from a man who owed back taxes.
Blumenthal, who lives in a multimillion-dollar home near the parking spaces, tells The Boston Globe (http://b.globe.com/13KqntI ) she didn't expect the bidding to go quite so high for the spots she says will come in handy for guests and workers.
The record for a single spot in Boston is $300,000.
The median price of a single-family home in Massachusetts is $313,000.
Information from: The Boston Globe, http://www.boston.com/globe
Copyright 2013 The Associated Press.
Front Page Stories
|Market Square already bustling with business
07/26/2014 | MARIE THOMAS BAIRD Sentinel Education Editor
Market Square in BG along Wooster Street. (J.D. Pooley/Sentinel-Tribune) Market S [ ... ]
|Young man goes west to further his acting career|
07/26/2014 | DAVID DUPONT Arts & Entertainment Editor
Justin Betancourt (left) and Jeffrey Guion perform. (Enoch Wu/Sentinel-Tribune) J [ ... ]