New App Will Let You Buy Or Sell A Parking Space In NYC

NEW YORK (WCBS 880) – We’ve all been there, late for an appointment and desperately circling the streets of Manhattan hunting for a parking space.

WCBS 880’s Alex Silverman With The Story

Well, a new app claims to have a solution, but it will cost you.

Basically, you open the app and find someone who is willing to sell you his or her parking space.

“It provides that incentive for a person to tell others when and where they’re actually leaving their spot. So, if you’re out there driving around, it will pop up and you can bid on it,” says Brian Rosetti, founder of Parking Auction.

WCBS 880’s Alex Silverman asked Rosetti if this is legal.

“Sure. I mean, you’re not actually selling the spot. I mean, you’re selling information,” he says. “So, we’re creating a market in information that a parking spot is about to become available. A logistics company selling information, whether it’s about the fastest route to take, isn’t really selling the road.”

He thinks people will pay.

“Well, we look at the pain that’s out there and we’ve seen stats in certain neighborhoods in New York where, you know, 40 percent of the traffic is due to people cruising looking for parking,” says Rosetti. “People will wait upwards of 45 minutes to an hour. I know on my block here on the Upper West Side, I have neighbors who, after they’ve given up looking for a spot, double park on my block and they’ll idle.”

He says that while you might be able to give up and put your car in a garage for $20 to $25, someone might be willing to selll a spot for $5 or $6.

The transfer of money would happen right through the app. You will be able to use your credit card, an account, or a PayPal account.

The official launch is August 1.

Their initial test area is the Upper West Side, where they are already talking to doormen to get help spreading the word, but the service will be available regardless of what neighborhood you’re in.

LINK: Parking Auction (Official Site)

WCBS 880 contacted the New York City Department of Transportation for comment on the legality of the service, but has yet to receive a response.

Would you pay someone for their parking spot? Let us know below…

More from Alex Silverman
  • Chadwick Meyer

    Park Circa ( is another parking marketplace with a real-time App that allows neighbors to share their own PRIVATE parking spaces (e.g. driveways, curbcuts blocking driveways, carports, garages, etc). It’s available for use anywhere in the U.S. but currently being most heavily beta tested and promoted in San Francisco. It will also provide information on garages, lots, valet, etc. if you are in an area without a lot of Peer-to-Peer spaces.

  • Rachel

    I just heard about another app similar to this, Parking Panda. Similar concept, letting people park in your driveway for a fee for events and other high traffic situations.

  • Brian

    KPMc, it’s a service and if you don’t want to pay for the convenience then happy trails trying to find a spot the old way. No one is coercing or intimidating others for money.

    • KPMc

      Sure you are… you are turning public parking spots into a commodity that people have to pay for. You are having people tell their neighbors ” F You… you want my spot you can pay for it.

      Your logic that I can just go on my merry way while you try to turn something free into a business while further pushing society into an all-for-me, forget my neighbors, self serving cesspool is typical of the selfish, money-hungry drain on decent people you are.

      It’s nice you have the ability to write such a program now I hope that someone with similar skills launches a free app where people just tell their neighbors a spot is open without looking to squeeze a couple of dollars from their pockets.

      You’re a leech with no concept of what being a neighbor is.

      • Scott

        You’re an anti-capitalist aren’t you?

      • KPMc


        No, I am not. Next question?

  • IZ

    Wonder how the enforcement will work? What if the seller changes his/her mind and decideds to stay longer, or I’ve paid and my car is too big, etc. :)

    • Brian

      IZ, users can rate each other after a transaction. Just like Amazon or eBay, the community will govern itself so it’s not in anyone’s interest to act in bad faith. No one will deal with a poorly rated or untrustworthy user.

      As a buyer, you can bid on as many spots available as you want. If the seller doesn’t accept your offer for whatever reason then you won’t get their spot.

      The buyer never gets charged until they’ve confirmed they’re in the spot. Also, the seller will see the make and model of your car as they accept your offer. If they accepted your offer knowing you’re in an SUV and they’re in a Smart car then they’ll lose the sale when you arrive and realize you can’t fit. It’s not in their interest to sit around and sell a spot to you if they know you probably won’t fit in it.

  • ar

    Now there will be less spots…parking scalpers

  • mary

    No way would I pay someone for the spot their in. Personally, I think it’s disgusting. I’ll continue circling, double parking or park further away.

    • Brian

      Hi Mary, the search for street parking causes many problems for the city. Traffic, congestion, excess pollution, etc. You’ll spend more in gas and lost time than you would purchasing spots over the course of a year. And when you’re ready to leave you’ll make that money back or possibly more depending on the supply and demand at that time.

      • KPMc

        Hey Brian…

        Why don’t you just get a real job instead of looking to make your fortune “selling” parking spaces. Oh that’s right… you’re just selling information.

        Extorting your neighbors for a few bucks for a public parking spot. Sounds wonderful.

        Does anyone remember the days when neighbors looked out for each other and didn’t look to s crew them over at every turn?

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