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The Boston Globe

Business

Back Bay parking spaces sell for $560,000

It’s just a crumbling strip of asphalt barely big enough to fit two cars one behind the other — lined by weeds, hard against a brick wall, hemmed in by a utility pole. The closest thing it has to an amenity is straight white stripes.

For this, a crowd gathered for an auction in the rain Thursday, because it wasn’t just any piece of pavement, but a pair of tandem parking spaces in one of the most parking unfriendly sections of the city: the Back Bay.

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