Chapman Group
(Garage Management Corp., GMC Parking, Garage Management Company, Chapman Properties, Chapman Consulting)
Owner
Family Office
770 Lexington Ave 11th floor New York NY 10065
People:
Chapman Group NYC portfolio
$222.9 million -office 31%, industrial 27%, hotel 23%; Manhattan 100%*
915th largest portfolio by dollar value
400,639 sqft – industrial 34%, hotel 32%, office 17%; Manhattan 100%
1002th largest by SF
9 properties – Manhattan 100%
1169th largest
Notes
Chapman Group is owned by the Chapman family which owns GMC Parking.
Company Activity past 24 months:
Buyer company: 1 for $34 million
Seller company: 1 for $34 million
Borrower company: 5 for $82 million
Developer (new building or major alteration): 1 for 59,244 square feet
Top Ten Associated Companies:
Apple Bank (4), Chapman Group (1), Browning School (1), JPMorgan Chase (1)
Top Ten Associated People:
Cynthia Wang (4), Patrick Milner (1), John Botti (1), Ursula Flores (1)
Recent activity as company:
• Chapman Group borrowed $17.2 million from Apple Bank for 407 East 61st Street and 407 East 61st Street, Lenox Hill, Manhattan on June 01, 2026.
• Chapman Group and L+M Development Partners borrowed $7.3 million from JPMorgan Chase for None on May 22, 2026.
• Chapman Group sold 14 Minetta Lane for $34 million to Chapman Group on January 28, 2026.
• Chapman Group borrowed $5 million from Apple Bank for None on January 28, 2026.
• Chapman Group for Patrick Milner filed plans for major alteration for 59,244 sqft in Greenwich Village, Manhattan, on December 23, 2025.
• Chapman Group borrowed $40 million from Apple Bank for 124 West 57 Street on August 20, 2025.
• GMC Parking borrowed $12.5 million from Apple Bank for 237 East 94 Street on July 11, 2024.
• Chapman Group ground leased None valued at $18.3 million to Browning School on September 09, 2022.
• Ronald Perelman sold 41 East 62 Street for $10 million to GMC Parking on April 09, 2021.
• Ronald Perelman sold 37 East 62 Street for $25 million to GMC Parking on April 09, 2021.
Latest Stories:
• GMC Parking signs $12.5M refi for Yorkville garages (July 26, 2024)
• Browning School pays $18.3M to Chapman Group for industrial in Lenox Hill (October 13, 2022)
Properties: