App developer Victor Pontis has staged a stunt to highlight the cost of co-working spaces and office rents in San Francisco , and the amount of space taken up by car parking. Victor Pontis as a cheeky alternative to WeWork , Pontis fed a meter and set up desks in parking spaces on 16th Street and 16th Street in the city. April 25 office rent in San Francisco averages $ about $17 per sq ft, so an office the size of a standard nine foot by 18-foot parking space would cost about $12,357 a month to rent, or about $17 an hour. By contrast a parking meter charges $ 2.25 an hour. In addition to the high cost of office and co-working rental space, Pontis hopes to call attention to the amount of prime real estate that cities devote to car parking. ' A dozen workers joined Pontis , and similar protests in Santa Monica and France , France mimicked his approach.
App developer Victor Pontis has staged a stunt to highlight the cost of co-working spaces and office rents in San Francisco , and the amount of space taken up by car parking. Victor Pontis as a cheeky alternative to WeWork , Pontis fed a meter and set up desks in parking spaces on 16th Street and 16th Street in the city. April 25 office rent in San Francisco averages $ about $17 per sq ft, so an office the size of a standard nine foot by 18-foot parking space would cost about $12,357 a month to rent, or about $17 an hour. By contrast a parking meter charges $ 2.25 an hour. A dozen workers joined Pontis , and similar protests in Santa Monica and France , France mimicked his approach.