What's Hot: The Escalation Clause | The Rent Back | A Condo Fee Tutorial
The App That Auctions Off Street Parking Shuts Down For Now

MonkeyParking, the San Francisco-based startup that allows users to auction off public parking spots, has been shut down after the city issued the company a cease-and-desist letter.
The idea, which aimed to let drivers who were leaving a street spot auction it off to another driver in need, was called the app that symbolizes “why everyone hates Silicon Valley.”
In a recent blog, the company said its service was being “temporarily disabled” in San Francisco — the only city where it had been rolled out — so that it could “clarify our value proposition and avoid any future misunderstandings.”
From the post:
“Street parking is currently not a first-come-first-served process, but still a random-served one: you can go in circles for hours while a lucky driver can find a spot in a minute, right in front of you. It is an old and painful problem and we believe that drivers deserve a better solution. Our mission is to get rid of circling the block turning a random parking process into a predictable one, saving people time while also reducing traffic congestion and generated pollution. We want to achieve our mission within the intent and letter of the law and in full cooperation with the local authorities.”
People had accused MonkeyParking of a much less virtuous motive: Profiting off of city property.
See other articles related to: auctioning parking, monkeyparking
This article originally published at https://dc.urbanturf.com/articles/blog/san_franciscos_spot-auctioning_parking_app_monkeyparking_shuts_down/8730.
Most Popular... This Week • Last 30 Days • Ever

UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »

Why condo fees are high in some buildings and low in others can be a difficult questi... read »

When sellers haven't quite lined up their next house before their settlement date com... read »

The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »

Here's what you need to know about reporting profit made from the sale of your home.... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro