09-26-2021, 01:01 PM
(09-25-2021, 11:58 PM)nms Wrote: The article talks about this building being the first to not include any parking on site (or in the building). It does point out the availability of other public parking nearby.Well, it is only "subsidizing" those units whose purchasers require extra storage for their personal property. It is not subsidizing those units whose residents don't own cars and walk or use bicycles or public transit. The government subsidizes car ownership by using public money to build excessively wide roads, cheap or free storage for cars and generally making things unpleasant for those who do not drive.
Left unsaid is that I believe the developer actually has an agreement with the City to use the Duke St garage. Also unsaid is that the public parking is subsidizing these units which would normally have included parking which would have meant a higher sale price per unit.