Friday, June 12, 2009

Real Estate is Alive and Well


...at least it is in Boston!
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. An agent from their local Coldwell Banker Residential Brokerage agent, Debra Sordillo, said that several residents of a building on Commonwealth Avenue bid for the coveted space, driving up the original asking price of $250,000.
She said prime parking spaces are very difficult to come by in the neighborhood near the Public Garden. The winning bidder was not identified, but the seller of the parking the space is also trying to sell a two-bedroom suite in the building for $2.5million

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