A business executive paid $664,000 for a parking space in his ritzy Hong Kong apartment building, according to property records, setting a new record for the city by $50,000.
The South China Morning Post reports that Kwan Wai-ming already owned two apartments and two parking spaces in the Upton building that are worth a total of over $10 million. The price paid for the third spot was two to three times the going rate per square foot for apartments in Hong Kong, which is home to the world’s most expensive real estate today.
But Kwan's may not be the world’s most expensive parking space. A penthouse in New York’s Greenwich Village was sold last year for $26 million that was originally listed with a $1 million parking space included, while a new building in SoHo that’s currently being filled has 10 spots available for $1 million each.
Achieving a perfect score in the 1980s video game Ms. Pac-Man is something to brag about, which is probably what Microsoft's artificial intelligence is doing right now, assuming it actually knows how to brag.
Entrepreneur Don Panoz, founder of the Panoz motorsport and sports car brand, as well as the DeltaWing project, is back with yet another automotive startup, this time focused on electric car development.
If you were one of the many who diligently tuned in to watch NASA's fancy cloud-building canisters deploy from its rocket and create a bunch of colorful wisps in the atmosphere, you were undoubtedly disappointed to learn that nature's own clouds had ruined the party. NASA was forced to postpone the experiment, which is a bummer, but the good news is that it's back on track for tonight, and you can still watch it live.