Last week the head of the Empire State Development Corporation announced that the state had halved the number of required parking spaces at the Barclay’s Center surface lot .
The move allows developer Forest City Ratner to throw out its plan for the loud and slow “stack-parking," which uses hydraulic lifts to load as many as four cars on vertical structures, which critics say will slow traffic to a crawl when the 18,000-seat arena .
Neighborhood activists have been pushing for reduced parking spaces for some time, arguing that fewer parking spaces mean fewer people will drive to the arena.
However others argue that fewer spots will only lead to more cars competing for street parking.
In related news, Streetsblog reported that Forest City Ratner to build a staffed indoor bike parking facility in time for the arena opening. Instead, there will be standard outdoor racks for the foreseeable future.
What do you think? Is reducing the number of parking spaces a good or bad thing?