Re "L.A. says it needs their spaces," May 24
If Los Angeles needs a solution for scarce parking, it need only emulate Santa Monica, where one finds public garages on nearly every block in the densest retail areas. How to pay for it? Impose a tax on the rent paid by businesses that create more parking demand than off-street spaces. The tax money would be earmarked by law to pay the interest and principal on bonds used to buy land and build garages. Taxed businesses would gain because customers tend to shop and eat where the parking is convenient.
Steven M. Goodman