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New York City parking spot goes for $1 million

In many parts of the country, a million bucks will buy you a mansion. In New York City, you can get a 12-foot by 23-foot slab of concrete. Yes, Manhattan's first $1 million parking space is scheduled to go on the market this fall.

 

Sold! One parking spot, only $300,000

A real estate agent said a resident of Boston's upscale Back Bay section plunked down $300,000 to own what is believed to be the priciest parking space in the city's history.

 

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