Why Car Storage is a Growing Business in NYC

Living In Nyc

TI Storage
April 22nd, 2020

In a city with plenty of public transportation, from bus routes to an extensive subway system, a sizable population of New Yorkers don’t own a car. Those who do keep a vehicle know that street parking is in short supply, leading to frustrating searches for valid spots near their home. The same is true for paying a monthly car parking fee, which can feel like a second rent.More than a few car owners in NYC have been choosing a third option: storing their vehicle at a professional storage facility during those times when they don’t expect to be using their car. That can be true, for example, when they choose to keep their cars parked in winter or when traveling. Self-storage is a convenient, safe, and cost-effective way to store cars in the city without worrying about high parking fees or fines. 

Why are More New Yorkers Storing their Cars?

One recent estimate found that about 1.4 million households in the city, or about 45 percent of all New Yorkers, own a car. Now, with the Stay At Home order in place due to the covid-19 pandemic, not many people are driving, and city streets are quiet. The same has been true for taxis, rental vehicles, and leased cars. With so many cars coming off the road, it’s extremely challenging to find enough spaces to park on the street. Parking lots that would normally be empty during the day are suddenly full.Leaving cars on the street is risky. Since the coronavirus lockdown, the New York Police Department has seen a 57% increase in thefts of cars, motorcycles, and mopeds between March 16 and April 14, or 458 thefts during that time. Likewise, cars that may be parked illegally, even accidentally, can get towed by different government agencies, including the NYPD.Paying for a permanent parking space, particularly in Manhattan, can be prohibitively expensive for many residents. The Wall Street Journal reports that at least two new condo developments are charging $1 million for a permanent place to park a single car.

What are Some Benefits of Self-Storage for Cars?

A growing number of drivers are taking advantage of storage facilities with enough room to accommodate cars. The staff at Treasure Island Storage understands that a car can be a significant investment for many owners, so they want to be absolutely certain that vehicles are safe when not in use. Treasure Island Storage offers short- and long-term monthly rentals for vehicles in climate-controlled spaces. Other amenities at Treasure Island Storage include:
  • Video surveillance security
  • Front gate security
  • Free wifi
  • Drive-up car storage units
  • Units available in both New Jersey and New York
  • Convenient motorcycle storage
  • 24/7 access to your storage unit
Storing your car or motorcycle at Treasure Island Storage will help to keep your motorcycle in prime condition throughout the seasons, and you can retrieve your vehicle any time you need it.

Store Your Vehicle in Trusted NYC Self-Storage Facilities

Car collectors and those who want to protect their investment in a vehicle have a great solution with Treasure Island Storage. You’re getting a terrific value when you need to store your automobile with us. Our climate-controlled, drive-up car storage units are available at most of our facilities in New York, and you can also rent a low-cost unit for your motorcycle so it stays in prime condition throughout the year.With convenient locations in New York, Treasure Island Storage is guaranteed to be the top choice for self-storage near you. Simply find your local facility and stop by. Our team of storage associates will show you around and help you reserve the unit you need. Contact us today!