jQueryUI has the Position utility if you are already using that Javascript 
library

http://jqueryui.com/demos/position/

The demo is a little different as in odd, they are positioning 2 boxes 
relative another based on the user moving one of them so I had to unwind 
from that a bit to get something that worked for me.

If you are dropping a pin on a map then look at the Draggable interaction 
for picking up the event.

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