The first car rental car that will arrive in New Jersey this weekend is a luxury car that was meant for the wealthy, but will instead be parked in an old, derelict parking lot on the side of the road.
The car rental company renting out the car, a $70,000 Toyota Prius, says it’s the only car in town for the city.
It has been a dream for a Hoboken-based company, RTA, for over two decades.
Its business is a way for local residents to find rides for their cars and bikes.
But this year, RMA has a problem.
The company has to lease its parking lot for the car.
It’s not only a hassle to get your car fixed, but also the cost of keeping the car in the garage.
“It’s a lot of money to fix and maintain.
So we had to cut back on the hours and cut back the rent to get the car fixed,” said RTA executive director Dan Atherton.
The problem is Hoboken City Council passed a law in the spring of 2019, which requires car rental companies to lease parking spaces in their garages and other spaces at the city’s airports and transit hubs.
It means RTA will have to pay a fee to the city to lease the space, and to pay for maintenance and repairs.
It also means RAA, which has about 200 cars in the city, has to pay the city $150,000 a year to rent space.
The city doesn’t provide funding for parking.
“We can’t afford that cost,” said Athertton.
“So we’re not going to be able to afford to maintain the vehicle.”
The parking lot has been vacant since RTA purchased it from a private company for $100,000 in February.
The city and RTA have tried to fix the parking problem by leasing space to other companies, but that hasn’t worked out.RTA CEO David L. Jones said the company is considering relocating the car rental business.
The company’s lease for the lot at 704 East Main Street was originally scheduled to expire in August of 2019.
“I’m just trying to find a way to make sure that we get the best deal possible,” said Jones.
But we need to get that space fixed.””
If we’re able to find the right people, we can work out an arrangement.
But we need to get that space fixed.”
The city council passed the law because the parking lot was used for rental car use, not commercial purposes.
In June, the city council voted to extend the lease by six months.
RTA said it’s working with the city on a solution.RAA has to provide maintenance to the parking facility, and also pay a $150 per car rental fee to New Jersey.
The parking lot is also a mess.
The parking space has been empty for over a year.
RAA says it can’t fix it.
The rental company has two options.
One is to let RTA pick up the rental car and pay the $150 fee, and pay $30 to RTA.
Another option is to pay $50 and let RAA fix the space.
Both options could mean a loss of $300,000.
Jones said the parking situation is not the only problem RTA has to deal with.
“The city’s parking meters are being replaced every six months, and that’s a huge cost.
And I think that we’re just going to have to deal that out in the next couple of years,” said L.J. Johnson, a Hobokan resident who lives nearby.
“I think the city is not going do a good job.”
Jones said RAA is working on a long-term solution to fix parking.
He said RBA, which owns the parking space, is working with Hoboken city to figure out a plan.