New York City grocers warn city-run supermarket plan threatens businesses
Updated
Updated · Fox News · May 5
New York City grocers warn city-run supermarket plan threatens businesses
12 articles · Updated · Fox News · May 5
The first publicly run store is due next year at La Marqueta in East Harlem, with about $30m in city spending and five borough-wide stores planned by 2029.
Fox News Digital said roughly 45 grocery stores already sit within a 35-minute walk, and local managers said cheaper city prices could draw away customers, especially from nearby bodegas.
Mamdani has said the stores would avoid rent and property taxes to cut costs, while similar city-backed grocery efforts have also emerged in Boston and Atlanta.
Will a city-run grocery store lower food prices or just bankrupt the neighborhood's existing small businesses?
With high costs and projected losses, can NYC's public grocery experiment succeed where others have failed?