Billy Lerner and Wife – Explain how iPark turned Into NYC’s Biggest Privately Owned Parking Business

Apr 29, 2023

In conversation with The Atlantic’s associate editor Bourree Lam, Bill Lerner describes a surge in vehicle ownership following World War II, with the return to America of vehicle-savvy GIs keen to invest in private vehicles and in turn, convenient parking.

New York, NY, United States - April 29, 2023 /MarketersMEDIA/ —

Bill Lerner, president of iPark, and his wife, run a continuously expanding parking company headquartered in New York City. From humble beginnings in 1960 with a single 25-car lot, the family-owned business has experienced tremendous growth, now operating nearly 150 facilities. With demand for parking in urban centres at an all-time high, Lerner discusses the position of iPark as a long-standing and innovative industry leader.

In conversation with The Atlantic’s associate editor Bourree Lam, Bill Lerner describes a surge in vehicle ownership following World War II, with the return to America of vehicle-savvy GIs keen to invest in private vehicles and in turn, convenient parking. His father noted this trend and capitalized on the growing needs of daily automobile commuters in New York City, developing a chain of 12 parking facilities and a recognized brand devoted to customer service, reliability and convenience. While some competitors developed incredibly intricate solutions (‘hotels for autos’) doomed for failure, the Lerner family business grew from strong values and a sustainable pace. 

Building on his father’s success, Lerner adopted the role of President and CEO in 1997 and has since guided the company through a period of expansion and innovation. In order to compete in an increasingly heated NYC industry marked by population growth, loss of space to residential development and peaking demand for private transport facilities, the iPark moniker was adopted (the business was formerly branded as “Imperial Parking Systems”) in parallel to the design and implementation of a user-friendly, streamlined online booking framework. Further to a shift in marketing strategies and capital investments, in an interview with Leaders Lerner attributes careful investment in staff as a cornerstone of operations, achieving low turnover and customer confidence. 

With the advent of affordable electric vehicles, iPark has pivoted to meet new demand by partnering with Tesla Motors, Inc. and CarCharging, and having already installed charging stations at a number of iPark garages with plans to expand the offering to all iPark facilities. Speaking on topic with CNBC, Lerner imagines “a day when you can’t find a place to gas up in Manhattan” and demonstrates the need for the parking industry to adapt long-term, sustainable business models.

Over the past 20 years, Bill Lerner has maintained the role of successful entrepreneur, dedicated philanthropist and family man. Beyond leading iPark to become NYC’s largest privately-owned parking company and applying company resources to the benefit of the community, Bill has notably established a charitable organisation--Billy4Kids and has been recognised and awarded for his humanitarian efforts by St. Mary’s Healthcare System for Children and the Annual Edeyo Gives Hope Gala. News on Lerner’s accomplishments, innovations, charitable endeavours and further entrepreneurship continues to be featured across platforms such as CNBC, Radio America, The Atlantic, 33 Voices and Leaders Magazine among others.

Bill Lerner - President and CEO of iPark: http://billlernernews.com

Billy Lerner (@billy_lerner) - Twitter: https://twitter.com/billy_lerner

Billy Lerner - Home - Facebook: https://www.facebook.com/billylernerofficial/

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South Korean golfers trying to win Asian Games to be free from military duty

Sep 30, 2026

South Korean golfers trying to win Asian Games to be free from military duty

NAGOYA, Japan — A gold medal for two South Korean golfers at the Asian Games would mean more than a chunk of metal to dangle around their necks. For Kim Joo-hyung and Kim Seong-hyeon, winning gold at the Asian Games — in the men's individual or team event — would excuse them from mandatory military service at home. Kim Joo-hyung goes by Tom Kim when he plays on the PGA Tour, and Kim Seong-hyeon goes by S.H. Kim. Under any name, they got a good start in the first round on Wednesday toward landing the exemption. The final round is Saturday. “I am 100% nervous,” S.H. Kim said. “A lot of pressure.” He added he's struggling with knee and back injuries and was not optimistic about his chances in the individual event. “Team gold is easier,” he said. Japan led the men's team competition after the first round, with South Korea and China two strokes behind. In the individual event, Wang Wei-hsuan of Taiwan and Kazuki Higa of Japan were tied at 5-under 65 atop the leaderboard at Kasugi Country Club. Mun Do-yeob, the third member of the South Korea team, was tied with four others at 4-under 66. Unlike his teammates, 35-year-old Mun doesn't need the exemption. In South Korea most men serve 18-21 months of military service. “I already finished my military service so I don’t really think about the military (exemption)," Mun said. “But I want to play good, so we make our team get a gold medal... to make sure they don't go to the military.” The format is 72 holes of stroke play. The teams are made up of three players, but only the best two scores count each day toward the team total. Mun led South Korea with a 66 and Tom Kim shot 67. S.H. Kim shot a 68, so his score was excluded from the team total of 133. Japan was in at 131 with Higa's 65 and a 66 by Keita Nakajima. “I went to the military really early,” Mun said. “It gave me a lot of experience, but I was lucky that I could play a little bit of golf at the army. Maybe three times a week. “I was teaching golf and I was picking up the golf balls from the generals’ driving range. But now they don’t have those kind of (assignments).”

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