Parking Cartel in Hoboken?

A year and a half – 11%+ parking rate increase in Hoboken

18 months ago, we talked about how parking garages all seemingly raised their monthly rates simultaneously – as if they were in a “parking cartel” in cahoots with one another.

Well – it seems that the Little Man Garage on Hudson Street went up over 11% recently. Did your salary go up 11%?

Garage rate increases Hoboken NJ

Steep increases at Hoboken Parking Garages

September 2012:

Several of the garages in Hoboken simultaneously increased monthly prices between $240 and $300 per year (Little Man Parking and ProPark are two of them that I found out about recently).

Exactly what overhead do these parking garages even have? It’s not like fuel or food costs affect them. Do they simply know that parking sucks in Hoboken, and they can get away with it?

Additionally, I find it a bit suspicious that the increases came nearly at the same time – as if they’re working together to coordinate.

How much do you pay for your parking spot?

8 Responses

  1. soxfan84 says:

    I live at 3rd and River street and was just sent a letter informing me of a parking price increase from $270 to $300 effective October 1. I believe its a Littleman parking facility. Its quite ridiculous, but what is the alternative?

  2. tommyhoboken2 says:

    own a spot…fml

  3. john14 says:

    Little man was 250 just a few weeks ago!

  4. fishface says:

    Two months ago, I recieved my letter from Little Man stating that as of October 1 the prices would increase from $250 to $300 per month. That same day, I called every garage around me and they all quoted me the same price. The only garage that isn’t charging $300 a month is the one over by CVS on 14th and Park. i guess no one thought to include them in on the price fixing.

  5. LobstaGirl says:

    Not sure about the other garages but the City Municipal Garage “D” – 215 Hudson St. has a Mold smell in the stairwell constantly, Urine smell in the elevator/stairwells & Drips & leaks on the upper floor from drains………Thank god these facilities keep up and make it pleasant & safe for paying residents.

  6. QJ201 says:

    Paying for a street cleaning ticket once a week is still cheaper than paying for a parking space. Just sayin’…

  7. YouStayCl@ssyHoboken says:

    Found out yesterday that Park on Park is shutting down. Their notice listed Little Man, etc. as alternative garages. Reduced parking supply presents opportunity to raise prices. This is pretty bad.

    • briank says:

      Bijou developers (Garden St Lofts) owns that property and has been waiting to develop. Given how quickly the new Tea building (or whatever that Toll Bros at 15th and Washington is called) sold, I think Bijou must think the time is right.
      Hoboken needs to do a better job of getting more parking into new developments, especially downtown. Give the builders a break on code in exchange for other give backs. I am in a new building downtown and the developer was unable to get a variance for a fifth floor (even though there are other 5 floor buildings in the neighborhood). No extra floor= no parking. That’s a list opportunity to get cars off the street. It’s short sighted in my eyes. [quote comment=”217613″]Found out yesterday that Park on Park is shutting down. Their notice listed Little Man, etc. as alternative garages. Reduced parking supply presents opportunity to raise prices. This is pretty bad.[/quote]

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