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It’s the Parking, Stupid (with Henry Grabar)

Stay Tuned with Preet

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The Cost of Parking in the American City

In almost every jurisdiction in the country, there is a requirement to build a certain amount of parking along with that new building. The numbers were devised at mid-century when cities were overwhelmed by the number of drivers and people trying to park. When you require parking with every new building or renovated building, you are passing those costs on,. You are raising the cost of construction and development; it's an enormous drag on how much it costs to build things in this country.

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