Drivers Pay Big For Rare Boston Parking Spots Reply Drivers Pay Big For Rare Boston Parking Spots Brimmer Street Garage Spots Fetch $160,000 POSTED: 6:33 pm EDT April 14, 2004 UPDATED: 6:55 pm EDT April 14, 2004 BOSTON -- In the old days, Boston's rich were known as the landed gentry. Today, however, their wealth is measured in parking spaces. NewsCenter 5's Janet Wu reported that drivers can expect to pay about $160,000 for coveted parking space in Beacon Hill's Brimmer Street garage. The garage is the only place in the upscale neighborhood where drivers can buy a guaranteed parking space. There are some restrictions, however, vehicles like Chevrolet's Tahoe, Ford's Expedition and Hummers are not allowed because they are too big. Last summer the price for a spot topped out at $167,000 -- and that does not include taxes of about $800 a year and condo fees of $162 a month. "It's worth every penny. It's fabulous. Great service -- I think it is perfect. I wouldn't want to be in this neighborhood without this garage," said parking space owner Dale Mudge. There are some benefits offered to parking space owners, including a heated garage, valet parking and even two hours of guest parking. Drivers can even gas up at the garage for $2.06 a gallon. It may appear a little pricey, but as one owner put it, if you park at this garage, cheap gas isn't a priority. "There are only so many places in the city to park, so this is just an investment -- just like in real estate," Astrid Muller. When the garage first went condo in 1979 and a space cost just $6,500, some called the concept ridiculous, but drivers disagree. "We'll pay anything for a parking place," said one Beacon Hill resident.