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The reality is that that amount of money probably barely covers the return on the value of such a piece of prime real estate in Manhattan.

The solution is easy, get rid of on street parking, use the space for pedestrians, bikes and shops, cafes and restaurants. Why should the public pay for people's ability to put their space wasters somewhere and they even complain about getting fines for obstructing emergency services.

Before someone chimes in with "but you need a car to get around...", we are talking about Manhattan here not somewhere in the Apalachians.



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