central park is 843 acres, and an acre can fit about 130 parking stalls. That means 109590 parking spots, lets say they rent them out for about 50$ per day (I paid that much when I had to park in Manhattan once). that would make 5.5 million $ per day or about 2 billion per year.
According to wikipedia (the study linked is now offline), Central park has a revenue of about 656 million $.
If we paved all central park and make it into a parking lot that extra 1.4B$ could be redistributed to everyone in Manhattan, everyone would get a 1204$ cheque every year.
Which they could spend on a vacation to see trees.
How what if we built a parkade? We could charge $40 per stall but have 10 or 20 times more cars in the same land!
The sheer volume of cars would saturate the bridges and tunnels in and out of Manhattan, meaning that people would drive just to park, just to drive and queue to leave. The useless mindless illogical economic activity we would be creating would spike GDP so high! It would look great for the economy!
central park is 843 acres, and an acre can fit about 130 parking stalls. That means 109590 parking spots, lets say they rent them out for about 50$ per day (I paid that much when I had to park in Manhattan once). that would make 5.5 million $ per day or about 2 billion per year.
According to wikipedia (the study linked is now offline), Central park has a revenue of about 656 million $.
If we paved all central park and make it into a parking lot that extra 1.4B$ could be redistributed to everyone in Manhattan, everyone would get a 1204$ cheque every year.
Which they could spend on a vacation to see trees.
Which they could spend on
a vacation to see trees.parking.The more car friendly a place is, the less desirable to actually be there it is
From https://www.youtube.com/watch?v=ratQlft_G5c
How what if we built a parkade? We could charge $40 per stall but have 10 or 20 times more cars in the same land!
The sheer volume of cars would saturate the bridges and tunnels in and out of Manhattan, meaning that people would drive just to park, just to drive and queue to leave. The useless mindless illogical economic activity we would be creating would spike GDP so high! It would look great for the economy!
“America!”