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Discussion on pricing and challenges of parking spaces in the garage

1:30:25

·

61 sec

Council Member Kevin C. Riley inquires about the pricing of parking spaces in the garage. Avi Benin, the principal applicant for 197 Berry St., provides detailed information on the current rates and challenges faced in managing the parking garage.

  • The current monthly rate for parking spaces is less than $200 (around $195)
  • The garage faces competition from nearby parking facilities, including a Whole Foods garage that offers free parking during the day
  • The garage doesn't have much daily parking traffic due to its layout and the inconvenience of moving gates
  • The management has to keep rates lower than nearby garages to attract and retain customers
Kevin C. Riley
1:30:25
And how much are the parking spaces?
1:30:27
Do you know?
Adam Taubman
1:30:28
I'm willing to ask Avi to answer that question.
1:30:31
Right now, we're ever in
Avi Benin
1:30:32
less than $200.
1:30:34
Like, 195, but a lot of people are going out and coming back.
1:30:41
So they shopping around, and then we try to lower the rate and bring some people back.
1:30:47
But, yeah, it's kind of like, a game in between the other garages.
1:30:53
We have to keep it lower even from the garage, like, 2 Blocks away.
1:30:58
One of the other thing is dailies that some other garages supplement their income with.
1:31:04
We don't have those mainly because this pretty disquales and nobody's getting out, moving the gate, moving it back.
1:31:11
And also, if they do that, there is a a whole foods garage that is free during the day.
1:31:17
So if you really want to park, you just park there.
Kevin C. Riley
1:31:20
Okay.
1:31:21
Alright.
1:31:21
Thank you.
1:31:22
Thank you.
1:31:23
There'd be no more questions if you guys are excused.
1:31:25
Thank
Adam Taubman
1:31:25
you.
1:31:26
Thank you so much.
Kevin C. Riley
1:31:27
Counsel, do any members of the public who's to testify on 197 Berry Street?
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