Merrill Stabile, president of Alco Parking, feels he should not be pressured to reduce his parking lot prices when the city's parking tax drops from 50 percent to 45 percent next year (" Motznik wants private parking rates checked ," Nov. 30 and PghTrib.com).
Mr. Stabile reasons that he should keep the tax cut because his expenses keep going up. As Downtown property owners, we have little sympathy for Mr. Stabile. Over the past few years we and other hard-pressed commercial property owners have been forced to reduce our rental rates because of the dismal business climate Downtown despite being faced with the same or similar rising expenses.
In fact, Mr. Stabile, who is on the board of directors of the Pittsburgh Downtown Partnership, is one of the reasons our expenses are going up. He recently voted for and was a fervent supporter of raising the Business Improvement Tax 25 percent over the next five years on all commercial Downtown properties.
Mr. Stabile should reduce his parking rates and learn to live in the world he is helping to create.
Gerald & Frank Schiller Verona