Money and Main Street
6 of 7
BACKNEXT
Recession: Plenty of available parking
Recession: Plenty of available parking
Daniel Hill
Age: 32
Occupation: CEO of online retail marketing firm
Hometown: Phoenix, Ariz.

We have a small office in an office park near Sky Harbor Airport in Phoenix. We've been here for about three years. Until six months ago, finding parking here was a pain. If you weren't here by 7:30 a.m., the odds you'd find a spot in front of your building were slim (never mind a shaded spot). Over the past six months roughly half of the complex has vacated. That's an estimated 40-60 small businesses that are gone.

Some moved, I know a few of the owners in here that were enticed by desperate commercial landlords, and found better offers. But I also know several that simply went under, or moved back into their "garage." Most went under.

Now, I can saunter into the office any old time and have my pick of spots right in front of my office door. Even the shaded ones, which is a pretty big deal when it's 116 degrees out there.

NEXT: Recovery: Calls coming in
Last updated July 20 2009: 11:13 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
The 10 most valuable global brands Apple has the most valuable brand in the world, up 67% over the last year, according to a BrandZ ranking. More
A life's work: Photos by Mary Ellen Mark The subjects of Mary Ellen Mark's photography ranged from celebrities to world leaders to those at the fringe of society, including prostitutes and the homeless. More
The 8 biggest job-killing companies Unemployment is at its lowest level since 2007, but some companies are still cutting lots of jobs. More

Special Offer