Our Team
Michael Cheng
Chief Executive Officer
Mike Cheng is an accomplished real estate developer and parking systems specialist with nearly two decades of experience spanning ground-up construction and advanced parking solutions.
Mike earned his Marketing degree from NYU’s Stern School of Business and launched his career while still in college, managing property renovations and development projects. By the age of 24, he had already transitioned into ground-up developments, a path that eventually led to his specialization in mechanical and automated parking systems.
​
As the founder of Epos Parking Solutions, a global supplier of mechanical, puzzle, PXD robotic, and AGV automated parking systems, Mike has led projects that maximize parking capacity and efficiency for parking garage owners in space-constrained urban markets. His expertise covers the full project cycle—from feasibility analysis and system design, cost optimization, and on-site installation.
Mike has worked with architects, contractors, and property owners to integrate cutting-edge parking technology into residential, commercial, and mixed-use buildings. He has successfully furnished and installed parking systems throughout New York, each tailored to meet site-specific constraints and local regulations.
Mike currently serves as Chairman of Commercial Real Estate at the Asian Real Estate Association of America (AREAA) NY-East Chapter, the nation’s largest Asian nonprofit with over 18,000 members and 41 chapters. He also served on Queens Community Board No. 7 (Greater Flushing area) and the CAC Board for the #1 New York Presbyterian Hospital.
Terence Park
Chief Operating Officer
Terence Park is the Chief Operating Officer of Epos Parking Solutions LLC, overseeing operations, client relations, and project delivery for mechanical and automated parking systems across the United States and international markets. With 33 years of progressive experience in real estate acquisition, large-scale project management, and public-private partnerships, Terence brings a strategic, results-driven approach to every project.
​
Harvard-educated and deeply experienced in complex development scenarios, Terence has successfully navigated high-profile, multi-million-dollar projects, including the $750 million mixed-use Global Station development in Atlanta, Georgia. His leadership in that project included coordinating with architects, developers, and government agencies to secure funding through the U.S. Department of Housing and Urban Development.
At Epos Parking Solutions, Terence plays a key role in guiding clients—from developers to municipal planners—through the full lifecycle of parking system projects. His responsibilities include site assessment, vendor coordination, budgeting, scheduling, and ensuring on-time, on-budget installation of advanced parking solutions such as puzzle systems, hydraulic lifts, PXD robotic platforms, and AGV-based automated parking systems.
​
Terence’s extensive governmental and community relationships, built during his service in the New York City Mayor’s Office under Mayors Koch, Dinkins, and Giuliani, give him a unique ability to navigate regulatory environments and align stakeholders. He has served on New York City Community Board No. 7 since 1999 and on the Community Advisory Council for New York-Presbyterian Hospital for over 26 years. As Founder and President of the Asian American Voters Alliance (AAVA), he continues to maintain strong ties with city, state, and federal decision-makers—connections that benefit Epos Parking Solutions’ clients in navigating approvals and permitting for parking projects.