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Boston Woman Pays $560,000 for Two Parking Spots

PARKING SPACESBOSTON (AP) — Parking is such a precious commodity in Boston that one woman was willing to pay $560,000 for two off-street spaces near her home.

Lisa Blumenthal won the spots in the city’s Back Bay neighborhood during an on-site auction Thursday run in a steady rain by the Internal Revenue Service.

The IRS had seized the spots from a man who owed back taxes.

Blumenthal, who lives in a multi-million dollar home near the parking spaces, tells The Boston Globe she didn’t expect the bidding to go quite so high for the spots she says will come in handy for guests and workers.

The record for a single spot in Boston is $300,000.

The median price of a single-family home in Massachusetts is $313,000.

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  • robn

    Must be nice to have $$$ to burn.

  • Kathy

    What is this world coming to where someone will pay $560, 000 to park in Boston, and there are people living on the streets because the shelters are full. Makes me ill thinking about the waste of money in this country.

  • medic3

    That’s 11 years pay for me. I’ll park her car and offer shuttle service for that!