GGMC Parking
GGMC Parking operates over 45 parking garages across Manhattan, Brooklyn, and Queens, offering hourly, daily, and monthly parking plus EV charging. The family-owned company, founded in 1957, serves both individual drivers and B2B property owners including luxury residential buildings, hospitals, malls, museums, and hotels.
- Company typePrivate
- Founded1957
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What GGMC Parking does
GGMC Parking, LLC operates a portfolio of more than 45 parking garages across Manhattan, Brooklyn, and Queens under family ownership since 1957. The company, founded by Semone Grossman, generates revenue through three primary streams: (1) transaction-based hourly, daily, and special-rate parking fees that vary widely by location, time of day, and vehicle type — with Manhattan rates ranging from approximately $10 to $80 per visit; (2) recurring monthly parking subscriptions priced via phone-based quoting; and (3) usage-based electric vehicle charging fees via Tesla and standard chargers deployed across 16 Tesla-equipped locations.
The underlying service infrastructure consists of physical garage facilities enhanced with 24-hour surveillance and security cameras, EV charging hardware, and a QR-code-based digital loyalty program offering 30% discounts at more than 40 facilities. On the B2B side, GGMC positions itself as a property management partner for luxury cooperatives, condominiums, hospitals, malls, museums, and hotels, emphasizing aesthetic differentiation through its signature 'Art-Garage' interiors featuring custom artwork and architectural facades.
The go-to-market model is dual-channel: a direct-to-consumer motion via physical garage locations and phone/online inquiries for monthly parking, combined with a sales-led B2B motion targeting property owners. Revenue mechanics are largely commodity-like (per-hour and per-month parking fees), but the company layers intangible differentiation through brand, trained staff, and facility aesthetics. There is no evidence of external funding, AI/ML deployment, or technology-platform revenue; the business operates as a traditional physical-asset parking operator with selective modern enhancements (EV charging, digital loyalty).
GGMC Parking firmographics
Firmographics- Name
- GGMC Parking
- Legal name
- GGMC Parking, LLC
- Website
- https://ggmcparking.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- GGMC Parking operates over 45 parking garages across Manhattan, Brooklyn, and Queens, offering hourly, daily, and monthly parking plus EV charging. The family-owned company, founded in 1957, serves both individual drivers and B2B property owners including luxury residential buildings, hospitals, malls, museums, and hotels.
- Ownership category
- akta.pro rank
GGMC Parking industry classification
Industry- Product category
- Parking Facility Operations
- NAICS
- Parking Lots and Garages (812930), Parking Lots and Garages (81293)
- SIC
- Services-Automotive Repair, Services & Parking (7500)
- akta.pro primary industry
- Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB)
- akta.pro secondary industries
- Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA), Parking Guidance, Wayfinding & Occupancy Management (Sensors, Signage) (BPABAKAH), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD)
Keywords
Where GGMC Parking is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
GGMC Parking business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Transaction-based Parking Fees: Hourly, daily, and special rate parking fees charged at point of service. Rates vary by location, time of day, and vehicle type (standard, oversized, luxury, electric).
- Monthly Parking Subscriptions: Recurring monthly fees for dedicated parking spaces at specific garage locations. Contact-based pricing requiring phone inquiries for quotes.
- Electric Vehicle Charging Fees: Additional fees applied for electric vehicle charging services at designated parking facilities. Tesla and standard charging stations available.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Hourly Rates |
| Subscription | Monthly | Monthly Parking |
| Other | Pay-as-you-go | Loyalty Program Discount |
| Usage-based | Pay-as-you-go | Electric Vehicle Charging |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
GGMC Parking product offering
Product offeringCore offering
GGMC Parking operates more than 45 physical parking garages across Manhattan, Brooklyn, and Queens, providing hourly, daily, and monthly parking services to individual drivers. The company also runs parking facilities on behalf of property owners and offers a Go Green electric vehicle charging service and a 30%-discount loyalty program, with continuous 24-hour surveillance and art-themed interiors as service differentiators.
Product overview
GGMC Parking operates a portfolio of over 45 parking garages across Manhattan, Brooklyn, and Queens in New York City. The core offering centers on monthly parking subscriptions and a loyalty program providing 30% discounts at designated locations. Supporting services include Go Green electric charging (Tesla and standard EV chargers), property owner management services, and an online parking locator. The company positions itself as a premium parking operator emphasizing hands-on service, aesthetic garage interiors featuring artwork, 24-hour security, and family-owned operations since 1957.
Differentiator
Problem solved
Functional benefit
Products and services
- Monthly Parking Monthly parking subscription service providing dedicated parking spaces at GGMC garage locations throughout Manhattan, Brooklyn, and Queens, with eligibility requiring monthly account holders in good standing.
- Loyalty Program A membership program offering monthly parking customers a 30% discount on all day, evening, and weekend parking rates at over 40 designated parking facilities across Manhattan and Brooklyn; digital QR code in online accounts or $25 physical card.
- Go Green Electric Vehicle Charging Electric vehicle charging service providing access to both Tesla-specific chargers and standard electric chargers at 16 Tesla-equipped locations and multiple standard EV charging locations throughout GGMC's NYC garage network.
- Property Owners Management Services Professional parking operator services for property owners including quality garage maintenance, 24-hour surveillance, security, and aesthetic enhancements to complement property appearance, enhance marketability, and protect the financial value of the underlying real estate asset.
- Hourly and Daily Parking Hourly and daily walk-up parking at more than 45 GGMC garage locations across Manhattan, Brooklyn, and Queens, with rates varying by location, time of day, and vehicle type, plus Early Bird, Night Special, Weekend Special, and Evening Special rate tiers.
Quantifiable outcome
- 30% discount on parking rates for loyalty program members at over 40 facilities
- +1 more outcomes
Companies that use GGMC Parking
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles2 records
GGMC Parking technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
GGMC Parking partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
GGMC Parking competitors and assessment
Company assessmentDirect peers
- Icon Parking: Icon Parking is a major NYC-based parking operator with a comparable footprint across Manhattan and surrounding boroughs, offering hourly, daily, and monthly parking through a similar service-and-security-led model and loyalty program — directly competing with GGMC for the same luxury residential, commercial, and consumer demand.
- Propark Mobility: Propark Mobility is a privately held parking operator providing valet, self-park, and shuttle management for hotels, hospitals, residential, and mixed-use properties — closely matching GGMC's B2B property-owner services offering and target verticals.
- Premium Parking: Premium Parking is a full-service parking operator providing management, technology, and creative placemaking services for clients across the US, including hospitality and mixed-use properties. Comparable to GGMC in service-led management positioning and aesthetic differentiation of garage environments.
- Quik Park: Quik Park is a Manhattan-focused parking operator providing monthly, hourly, and event parking across NYC. It is comparable to GGMC in scale, geographic focus, customer mix (luxury residential, commercial, consumer), and service-driven positioning.
Broad incumbents
- SP+ (Standard Parking): SP+ is one of the largest North American parking facility operators, providing management, maintenance, and operator services across thousands of locations including NYC. It competes for the same property owner management contracts GGMC targets but operates at far broader geographic and scale.
- LAZ Parking: LAZ Parking is a top-tier US parking management company operating hundreds of garages and lots nationwide, including significant NYC presence. It is comparable as a full-service operator competing for hospital, hotel, and commercial property management mandates of the type GGMC holds.
- Imperial Parking Systems (Impark): Impark is a large North American parking management company operating thousands of parking facilities, including across the Northeast US. Comparable to GGMC as a manager-operator of third-party-owned parking real estate in dense urban markets.
- ABM Industries: ABM Industries is a large facilities services company whose parking segment competes for the same commercial, healthcare, and hospitality property management contracts GGMC serves, though as part of a much broader janitorial and building services portfolio.
Emerging players
- SpotHero: SpotHero is a digital parking marketplace that aggregates inventory from operators including NYC garages. It is comparable as a layer that interacts with GGMC's parking inventory (potentially as a channel) but also represents a disintermediation threat to traditional operators' direct customer relationships.
Regional players
- Spot On Park & Garage Co. A regional NYC-area parking operator offering garage management and monthly parking services. Comparable to GGMC as a local operator sharing the same NYC submarkets and competing for individual consumer and property owner demand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
GGMC Parking financial estimates
Financial estimateRevenue estimate
Valuation estimate
GGMC Parking leadership team
Management profileNumber of profiles
Profiles1 record
GGMC Parking subsidiaries and ownership
Company hierarchySubsidiaries1 record
GGMC Parking funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GGMC Parking M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GGMC Parking
What does GGMC Parking do?
GGMC Parking operates more than 45 physical parking garages across Manhattan, Brooklyn, and Queens, providing hourly, daily, and monthly parking services to individual drivers. The company also runs parking facilities on behalf of property owners and offers a Go Green electric vehicle charging service and a 30%-discount loyalty program, with continuous 24-hour surveillance and art-themed interiors as service differentiators.
Is GGMC Parking a public or private company?
GGMC Parking is a private company. It is classified as family owned and is currently operating.
When was GGMC Parking founded?
GGMC Parking was founded in 1957. It employs 1,001 to 5,000 people.
Where is GGMC Parking based?
GGMC Parking is headquartered in New York, United States, in the North America region.
How does GGMC Parking make money?
Three revenue lines are on record. Transaction-based Parking Fees are the primary driver. The others are monthly Parking Subscriptions and electric Vehicle Charging Fees.
Who are GGMC Parking's main competitors?
Direct peers on record are Icon Parking, Propark Mobility, Premium Parking and Quik Park. Broad incumbents are SP+ (Standard Parking), LAZ Parking, Imperial Parking Systems (Impark) and ABM Industries. SpotHero is listed as an emerging player. Spot On Park & Garage Co. is listed as a regional player.
Does GGMC Parking have an API?
No public API is recorded for GGMC Parking.
What industry is GGMC Parking in?
GGMC Parking's product category is Parking Facility Operations. Its primary akta.pro industry code is TLAJAIAB, Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride), with a secondary code of BPABAKAA, Parking Facility Operations (Garages, Lots, On-/Off-Street). Its NAICS code is 812930 and its SIC code is 7500.