Photo courtesy of BMW Group

Photo courtesy of BMW Group

BMW’s ReachNow carsharing service will be available for residents of a condo complex in New York City’s Soho neighborhood, according to an article by

The article reported residents can purchase one of 40 private parking spaces in an automated garage for $550,000 per parking space or utilize the carsharing service, which will be available 24 hours.

A range of Mini Coopers and BMW vehicles through ReachNow will be available at rates starting at 41 cents per minute.  

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