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$450-a-Month Parking Spaces Arrive in DUMBO

By Janet Upadhye | June 25, 2015 12:59pm
 The spaces will be located in the underground parking garage at 60 Water St.
The spaces will be located in the underground parking garage at 60 Water St.
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Two Trees Management

DUMBO — There's a new option for parking in car-crunched DUMBO — but it doesn't come cheap.

The underground garage at 60 Water St. is now open with 300 spots priced at $450 per month. The 24-hour garage has three levels, features self parking, and drivers don't have to be a resident of the luxury building to access it.

The monthly rate looks to be one of the most expensive in the neighborhood, with other neighborhood garages costing close to $100 less per month.

The lot at 85 Adams St. has 52 spots and charges $362.40 per month; 55 Washington St. has 120 spaces at a monthly rate of $362.40; and 20 Jay St. offers 120 spots for $339.75 a month.

The parking spaces are also available for daily use, providing relief to a neighborhood that gets overrun with visitors on the weekends.

"Parking is a major issue here," said DUMBO resident Hide who writes a blog about the neighborhood called DUMBONYC. "With the increase of tourists and businesses in the area, additional parking space alleviates cars that circle around the blocks looking for limited street parking."

Hide added that many garages have closed in recent years, including the Old Fulton parking lot and the 90 Washington St. lot that had 250 spaces.

An attendant at the garage at 60 Water St. said there has been massive demand for the spots on the weekends.

"There is a huge amount of day parkers on the weekends," he said. "The spaces fill up and sometimes we have to turn people away."

Spaces cost $17 for one hour, $27 for 10 hours and $34 for 24 hours.

60 Water St. is a 17-story luxury apartment building with 290 residential units and a rooftop deck designed by High Line architects James Corner Field Operations.

The building, designed by LEESER Architecture, is scheduled for completion this year.