SF's free on-street parking supply is a $10B giveaway to drivers. Balance indeed (assuming $200/SF). http://techcrunch.com/2014/07/15/sean-parker-provides-bulk-of-funding-to-pro-parking-pro-car-ballot-initiative-in-sf/ … @kimmaicutler
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@kimmaicutler (248,700 free spaces) X (136 SF per space) X ($200 per SF land value) = $6.7B. Rnd up to account for spaces lost to curb cuts. -
@kimmaicutler Another way of looking at it: If SF charged market rate (at least $150/mo/space), revenue would be $500M/year or $13B/30 yrs. - 4 more replies
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@kimmaicutler @perambulationSF In the gentrifying parts of Brooklyn, developable square footage is $200/sf. So if land zoned to FAR 2, $400.Thanks. Twitter will use this to make your timeline better. UndoUndo
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