Updated
Updated · Fox News · May 5
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?