Single Parking Spots Being Sold in Manhattan at 4 Times the Average National House Price

If you have an extra $1 million hanging around, you can now get yourself guaranteed parking in this $47 million Manhattan condo.

Two developers of New York City luxury condos are asking $1 million for a single parking spot at the buildings on top of the cost of the condo. Bloomberg's Matt Miller and Olivia Sterns report on "Bloomberg Markets."

Matt Coneybeare

Matt Coneybeare

Editor in Chief

Matt enjoys exploring the City's with his partner and son. He is an avid marathon runner, and spends most of his time eating, running, and working on cool stuff.

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