Parking Operators – Here’s a way to increase revenue

Share:

Parking Operators – Here’s a way to increase revenue

A shopping mall in Queens went to the local print shop and ran off a number of “No Parking” signs and hung them on parking meters outside the entrance to their parking lot. They looked very much like the ones provided by the NYPD.

Read all about it here.

The justification is classic. We got the signs from the NYPD years ago when we needed to block of the parking to facilitate traffic flow, so rather than bother them, we just ran off our own.

The locals weren’t amused. It cost 75 cents to park and hour on street and $3 in the garage.

Of course this is the opposite of the way the market should work. The convenient on street spaces should be more than off street.

However if you are a garage owner and have the hutzpah to pull it off, this is a sure way to increase revenue. At least until they cart you off to jail.

JVH

Picture of John Van Horn

John Van Horn

Leave a Reply

Your email address will not be published. Required fields are marked *

Only show results from:

Recent Posts

A Note from a Friend

I received this from John Clancy. Now retired, John worked in the technology side of the industry for decades. I don’t think this needs any

Read More »

Look out the Window

If there is any advice I can give it’s concerning the passing scene. “Look out the window.” Rather than listen to CNN or the New

Read More »

Archives

Send message to



    We use cookies to monitor our website and support our customers. View our Privacy Policy