It’s basic supply and demand; high demand and low supply equals soaring prices. Parking is no exception, and it has become one hot commodity. With parking spaces selling for over a half million dollars it’s no wonder they are attracting real estate investors. Read more about it here.
The age-old question, what would you do with a million dollars? Travel the world, buy a house and a fancy new car, perhaps some new investments? If you live in SoHo, you might only have a parking spot to show for it. Read more about it here.
Have you ever pulled up to valet your car and became apprehensive about letting some kid park it for you? Say no more; Robot Ray is here to save the day. Meet Ray, a fully automated valet service. Read more about it here.
Need to find a parking spot? There’s an app for that! At least there was an app for that. A SF parking spot finder app has been sent a cease and desist order for violating local laws. Apparently you can’t rent space that isn’t yours. Read more about it here.