iPark, Led by Billy Lerner, Expands Its Parking Facility Portfolio with 10 New Locations in 2023

New York, New York--(Newsfile Corp. - October 13, 2023) - iPark, New York's largest family-owned parking company, continues to expand their portfolio with the addition of 10 new parking garages throughout the city. This growth initiative, pioneered by CEO Billy Lerner, involves the establishment of an allotment of new parking facilities, strategically positioned to meet the evolving parking demands of New Yorkers.

iPark expanded 2023 locations in New York City

With nearly one million people commuting daily to New York City for work, of whom 42% travel by car, the demand for parking facilitates is at an all-time high. This demand places pressure on the parking industry to provide accessible and convenient spaces for workers and residents alike. iPark and Billy Lerner are answering this demand by strategically establishing parking facilities in areas that experience parking congestion, surrounded by businesses and residential developments. This expansion aims to alleviate the parking challenges faced by commuters and residents, providing much-needed relief in the city.

Commuter Statistics for New York City

iPark and Billy Lerner's expansion plan extends across Manhattan and Queens, featuring new parking garages in key locations such as Midtown, Upper East Side, Murray Hill, Tudor City, and two facilities each in Battery Park, Queens, and Hudson Yards. Selected based on the growing need for accessible parking in these areas, iPark's facilities will allow for a more seamless and stress-free driving experience. Notably, the Battery City Park location, positioned opposite the Davits Centre, is designed to provide parking convenience for theatergoers while the Tudor City location is strategically situated to address the pressing parking needs of NYU Hospital patients. This expansion reflects iPark's dedication to supporting the community and ensuring hassle free access to essential services.

At the core of iPark's expansion strategy lies the commitment to enhancing urban mobility and providing convenient parking solutions. These new locations are poised not only to ease the parking challenges experienced by residents and commuters but also to make a substantial contribution to reducing traffic congestion and supporting the community.

President and CEO of iPark, Billy Lerner

iPark and CEO Billy Lerner remain steadfast in their mission to make parking more accessible, efficient, and stress-free for New Yorkers. These new locations are a testament to the company's dedication to the city's continued growth and development.

Published in partnership with iPark.

Email: info@ipark.com^[1] – 855-472-7569

Website: https://ipark.com/^[2]

SOURCE: iPark NYC.

Article Sources:

New York City Government (2019) Ins and Outs of NYC Commuting: An examination of recent trends and characteristics of commuter exchanges between NYC and the surrounding Metro Region. Available at: https://www.nyc.gov/assets/planning/download/pdf/planning-level/housing-economy/nyc-ins-and-out-of-commuting.pdf^[3]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/183892^[4]

References

1. ^{^} info@ipark.com (www.newsfilecorp.com)
2. ^{^} https://ipark.com/ (api.newsfilecorp.com)
3. ^{^} https://www.nyc.gov/assets/planning/download/pdf/planning-level/housing-economy/nyc-ins-and-out-of-commuting.pdf (api.newsfilecorp.com)
4. ^{^} https://www.newsfilecorp.com/release/183892 (api.newsfilecorp.com)