carÂ·pel. The part of a pistil of a flowering plant that encloses an ovary. A pistil may consist of a single carpel or of several carpels joined together. A carpel is a modified leaf.
The average cost in the Mid-Atlantic Market for a 50,000 square foot (5,555 square yards) parking lot ranges in price from $1.25 - $1.50 per square foot for a 1 &frac12;â â 2â compacted overlay. The factors listed below will also dictate the installation price. The cost of paving fabric typically ranges from $0.14-$0.22 per square foot or $1.26 - $1.98 per square yard. 2  LEVELING COURSE OR DRAINAGE CORRECTION: If the asphalt parking lot currently has extensive puddling or large areas of standing water from improper grade, you will want to correct these prior to paving.
But would you pay $1 million just to have your own guaranteed spot? That's the forthcoming offer in one luxury condo building that will charge $1,000,000 for an otherwise standard parking spot in its building. The New York Post reports the parking spot will be about 12 feet wide and 23 feet long. It will be located inside an eight-story luxury condominium building at 66 E. 11th St. The $1 million parking spot is likely to be leased to the future owner of the building's centerpiece, an 8,000-square-foot duplex penthouse.