Come on, no way 1200 unless he parks at the Ritz Carlton at the daily rate or he has an apartment where the elevator brings his car to him. Maybe half that in upper class neighborhoods.
In 1995 I went to visit a friend in the Upper East Side (~70th Street) and the 24hr parking rate in the building was $38. That was twice the resident rate, because even though I lived in NY State, I did not have a NYC sticker on my car, just the NY one. Found it was an insurance coverage restriction (ripoff!) for NYC buildings. The parking garage three streets over charged $26. Plus tax.
$1200 is realistic for a top spot. Recall there’s an 18.25% tax on parking, plus upcharges for priority spots, “don’t dent me” bribes to attendants, etc.