SAM Daily Times

Boston woman pays $560,000 for 2 parking spots

Parking is such a precious commodity in Boston that one woman was willing to pay $560,000 for two off-street spaces near her home.

Lisa Blumenthal won the spots in the city's Back Bay neighborhood during an on site auction Thursday held in a steady rain by the Internal Revenue Service.

The IRS had seized the spots from a man who owed back taxes. Blumenthal, who lives in a multimillion dollar home near the parking spaces, tells The Boston Globe that she didn't expect the bidding to go quite so high for the spots.

The record for a single spot in Boston is $300,000. The median price of a single-family home in Massachusetts is $313,000.