This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

WageWorks And Central Parking Offer NYC Commuters Increased Savings On Parking

Stocks in this article: WAGE

NEW YORK, Aug. 16, 2012 /PRNewswire/ -- WageWorks (NYSE: WAGE), the provider of TransitChek commuter benefits, and Central Parking announced today an exclusive program that offers New York City commuters preferred pricing on parking at participating Central Parking locations.  This preferred pricing is available only to WageWorks and TransitChek customers enrolled in their commuter benefits program.  Eligible participants will be able to save anywhere from 10% to more than 50% off regular rates on monthly parking. These savings are in addition to what commuters can save by using pretax dollars through the use of a WageWorks or TransitChek commuter benefits program, which allows participants to set aside pretax dollars to pay for parking or public transportation.

This program, which was launched on August 15, 2012, is being offered at more than 75 Central Parking locations throughout the New York City metro area and is available to commuters who already have, or sign up for, a WageWorks or TransitChek commuter benefits account.  The new program is available exclusively to monthly parkers. 

"We believe every employee deserves an easier, less expensive commute.  We're thrilled that this program is allowing us to help participants in WageWorks and TransitChek commuter benefit programs keep more of their hard earned money," said Dan Neuburger, President of WageWorks Commuter Services.  Manhattan is the most expensive city for parking in the United States, where rates average $541 a month in midtown, according to a 2011 survey by Colliers International.   

"We are excited to be partnering with WageWorks and TransitChek on this exclusive offer as it provides commuters with significant savings by bringing together the benefits of the pretax commuter program with a monthly parking program discount," said Rick West, Executive Vice President of Central Parking.     

Commuter benefits programs have been adopted by thousands of employers nationwide and are used by an estimated 2.7 million employees, according to industry figures published by the coalition Commuter Benefits Work for Us.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,068.86 +15.15 0.08%
S&P 500 2,092.63 +3.86 0.18%
NASDAQ 4,807.8280 +0.9690 0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs