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      07-30-2007, 04:03 PM   #16
CnoteMD
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Drives: 2008 BMW 535i
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Quote:
Originally Posted by jun View Post
They aim for about 2 minutes. Pretty cool system! Great way to save space and lower expenses.

Apparently there are only 2 in the US. If you look at the wall it looked like about $10/hr. I'm sure the monthly rates are cheaper overall also. It's being used in a apt. building here in NYC, according to their website. Investors were able to take a 100 car garage and transform it into a 67 car garage with retail space on the ground level and residential properties on the upstairs, while only giving up 33 spaces. Pretty revolutionary if you ask me. Seems like their target market is high end condos in cities with limited space.. I could see this thing easily becoming popular.

From what I saw on the wall, the parking rates are actually pretty good! Much better than the $40 or so I paid for 2-3 hrs parking in Manhattan recently.
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2008 BMW 535i Space Gray, Black Leather, Dark Bamboo Trim| Sport Automatic with Paddles | Sport Package
2008 BMW M5 (gone, but not forgotten) Space Gray, Silverstone Merino Leather, Madeira Walnut Wood Trim | 7speed SMG | All options
Mods: Corsa Exhaust | RPI Ram Air Intake | H&R Sport Springs | Rogue Engineering 12mm spacers
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