This 1.35-acre parking lot in Jersey City was sold for $54 MILLION (10 times its assessed value) and will become 603 rental units. And you all wonder why I absolutely despise surface parking lots in major cities—it's just land banking and a heavily subsidized land use.
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As always, joining you in the global chorus, albeit from Japan and Korea ;-)
https://thepossiblecity.substack.com/p/urban-japan-the-true-cost-of-cars?utm_source=publication-search
There are few acts of equal harm that a person could commit in civil society with no consequences.