• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Billy Lerner and Wife Lead iPark’s Green Initiative With EV Charging Stations

By: Press Release Distribution Service
October 14, 2025 at 05:43 AM EDT

The next generation fast EV charging stations installed in iPark garages utilize recently patented split rotor generators combined with a 120 horsepower natural gas engine for a green, grid-free charge, Lerner explained.

New York, NY, United States, October 14, 2025 -- Since assuming the role of President and CEO of Imperial Parking Systems (iPark) in 1997, Bill Lerner has overseen both rapid expansion and a complete modernization of the company’s operations. Today, he continues that vision by steering iPark toward sustainability through the installation of electric vehicle charging stations.

Twenty years later and with a new name for a digital era, Lerner has grown iPark into the largest and most technologically advanced privately owned parking garage operator in New York with nearly 150 facilities. The company’s newly gained prominence has allowed for recent partnerships with Tesla Motors, Inc. and Beam Charging, a subsidiary of CarCharging, which have led to the installation of charging stations for hybrid and electric vehicles in over 25 garages, cementing iPark as a pioneer of eco-friendly parking. 

“In 2014, the United States imported about 27% of the petroleum it consumed, and transportation was responsible for nearly three quarters of total consumption. With much of the world’s petroleum reserves located in politically volatile countries, the United States is constantly vulnerable to price spikes and supply disruptions,” as reported by Alternative Fuels Data Center. Hybrid (HEVs) and plug-in electric vehicles (EVs) can help increase energy security, improve fuel economy, lower fuel costs, and reduce harmful emissions. These vehicles are capable of using off-board sources of electricity, produced in the U.S. almost strictly from domestic coal, nuclear energy, natural gas, and renewable resources, noted Bill Lerner. In addition, these cars produce zero tailpipe emissions when in all-electric mode. 

The next generation fast EV charging stations installed in iPark garages utilize recently patented split rotor generators combined with a 120 horsepower natural gas engine for a green, grid-free charge, Lerner explained. The iPark app will conveniently guide people to the facilities equipped with these stations. Differing from current services that require 360 to 480 three-phase grid power, the next gen fast EV stations create their own electrical power internally, using a quite engine to drive the unique generator, allowing them to always be available, regardless of the status of the grid. With prices per charge as much as 60% lower than traditional charging stations, these advancements allow for a lower cost to both the consumer and the surrounding environment. 

Bill Lerner is an American businessman and philanthropist best known for his successes as the CEO of iPark and for the work of his charity, Billy4Kids. Founded by Lerner’s father over 60 years ago, iPark began as a single 25-car lot for veterans returning to work in the city, known then as Imperial Parking Systems. Since Bill Lerner took over as President & CEO in 1997, the company has expanded to nearly 150 facilities, and is currently the largest family owned parking garage operator in New York. In 2013 he co-founded Billy4Kids, a non-profit that provides shoes for under resourced children in developing countries. With over 4,000 pairs of shoes delivered to date, Lerner’s work has earned him the Humanitarian Award at the annual Edeyo Gives Hope Gala, and recognition from St. Mary’s Healthcare System for Children for three consecutive years.


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/

Contact Info:
Name: Billy Lerner
Email: Send Email
Organization: BillLernerNews.com
Website: http://billlernernews.com

Release ID: 89172318

Should you identify any discrepancies, concerns, or inaccuracies in the content provided in this press release or require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team is committed to addressing your concerns within 8 hours by taking necessary actions to resolve identified issues diligently or guiding you through the necessary steps for removal. Our dedication lies in providing accurate and reliable information.

More News

View More
Is Beyond Meat a Buy After Meme Stock Surge? Analysts Say No
Today 13:20 EDT
Via MarketBeat
Tickers AMC BYND GME WMT
ABBV Stock: $250 May Be the New Floor After Big Q3 Earnings Beat
Today 12:35 EDT
Via MarketBeat
Tickers ABBV ABT
Super Micro's Moment of Truth: A Growth Story Under Pressure
Today 11:04 EDT
Via MarketBeat
Tickers NVDA SMCI
Palantir Breaks Out: Why PLTR Stock May Rally Into Year-End
Today 9:18 EDT
Via MarketBeat
Tickers LUMN PLTR
MarketBeat Week in Review – 10/27 - 10/31
Today 7:00 EDT
Via MarketBeat
Tickers AMZN AVGO CARR FUN GOOGL INTC

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.22
+21.36 (9.58%)
AAPL  270.37
-1.03 (-0.38%)
AMD  256.12
+1.28 (0.50%)
BAC  53.45
+0.42 (0.79%)
GOOG  281.82
-0.08 (-0.03%)
META  648.35
-18.12 (-2.72%)
MSFT  517.81
-7.95 (-1.51%)
NVDA  202.49
-0.40 (-0.20%)
ORCL  262.61
+5.72 (2.23%)
TSLA  456.56
+16.46 (3.74%)
FinancialContent
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap