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Mamdani excited first city owned grocery. 30 million dollar project
Posted on 4/13/26 at 1:55 pm
Posted on 4/13/26 at 1:55 pm
LINK
quote:
Mayor Zohran Mamdani’s first city-owned grocery store will be in East Harlem and cost taxpayers about $30 million to open, hizzoner announced Sunday.
The store will be in La Marqueta — a marketplace under the train tracks running over Park Avenue — and is scheduled to be up and running next year.
34
Posted on 4/13/26 at 1:59 pm to Jbird
I wonder how much it costs for an established chain to open a store in the New York metro area?
Posted on 4/13/26 at 1:59 pm to Jbird
NYC is struggling to pay it's bills...so let's open a government run grocery store and burn through even more cash.
Mamdani supporters are a bottomless pit of retardation.
Mamdani supporters are a bottomless pit of retardation.
Posted on 4/13/26 at 1:59 pm to Jbird
Shoplifting is going to be through the roof. Also, operational costs will be twice what they're estimating, minimum.
Posted on 4/13/26 at 2:01 pm to Jbird
quote:
fellow socialist Sen. Bernie Sanders (I-Vt.) made a surprise appearance.
Posted on 4/13/26 at 2:01 pm to Tantal
The cases of stuff going out the backdoor by employees will be impressive.
Posted on 4/13/26 at 2:01 pm to Jbird
City owned grocery store....... what could possibly go wrong?
I guess these folks have no clue as to what the functions of government are.
I guess these folks have no clue as to what the functions of government are.
This post was edited on 4/13/26 at 2:03 pm
Posted on 4/13/26 at 2:01 pm to Tantal
It hurts my head just thinking about the byzantine rules arounf making sure suppliers have diverse employees.
Posted on 4/13/26 at 2:02 pm to Jbird
That will be a disaster
Posted on 4/13/26 at 2:04 pm to Jbird
They'll have to find willing suppliers
They'll have to find trustworthy workers
Good luck with both of that
They'll have to find trustworthy workers
Good luck with both of that
Posted on 4/13/26 at 2:04 pm to Jbird
I give the new store 18 months before it closes.
Posted on 4/13/26 at 2:17 pm to Jbird
quote:
and declared that all five of his planned city-owned grocery stores would be open by the time his first term ends at the close of 2029
I guess if, by his definition, New Yorkers can't afford to shop at existing grocery stores, they're all just shite out of luck for about four more years?
Hope no one is starving.
Posted on 4/13/26 at 2:20 pm to thermal9221
Every city owned grocery ever has sucked shite
This time it will be better!
This time it will be better!
Posted on 4/13/26 at 2:26 pm to Jbird
It will be a huge SUCCESS!!! According to the Media who will proclaim the best lies on it and hide all the nasty truths....
Posted on 4/13/26 at 2:26 pm to Jbird
Food desert?
There is already a grocery store one block from this La Marqueta location.
There is already a grocery store one block from this La Marqueta location.
Posted on 4/13/26 at 2:28 pm to Jbird
quote:
Mamdani excited first city owned grocery. 30 million dollar project
Mamdani wants to slash NYC library budget by $30 million
Nothing says fiscal genius like blowing $30 million on a city-owned doomed to fail vanity project while shutting down a public library to “save” the exact same amount.
Posted on 4/13/26 at 2:29 pm to Jbird
If it opens. Where's Kalshi on that?
Posted on 4/13/26 at 2:31 pm to Jbird
So is the idea that the actually grocery store margins are too high? Lets assume they are 20%. You’ve got to sell $150M of groceries to recoup the original project costs. These people are hilarious.
Posted on 4/13/26 at 2:37 pm to Jbird
"about 30 million" 
nothing that involves the government is going to come in at initial estimates. I remember when our high speed rail was going to cost 8 billion. This grocery store is going to cost 100+ million by the time they're done (maybe in 2028) and then they'll deal with theft, people being assaulted/murdered for their groceries and product shortages as this thing slowly implodes. It's gonna be glorious to watch unfold.
nothing that involves the government is going to come in at initial estimates. I remember when our high speed rail was going to cost 8 billion. This grocery store is going to cost 100+ million by the time they're done (maybe in 2028) and then they'll deal with theft, people being assaulted/murdered for their groceries and product shortages as this thing slowly implodes. It's gonna be glorious to watch unfold. Posted on 4/13/26 at 2:40 pm to Figgy
Aldi
It Costs Aldi about $1.5-3M to Open a New Store
The 5 New York City Run Grocery Stores are budgeted at $60M total
The First Store actually has a $30M Budget to Open
This is after the city will own the sites, waive rent and property taxes, and partner with third-party operators while subsidizing to keep prices lower.
So with a TON of regulations waived, costs absorbed by the tax payers, the project still has a 10x budget,(which they will go way over)
It Costs Aldi about $1.5-3M to Open a New Store
The 5 New York City Run Grocery Stores are budgeted at $60M total
The First Store actually has a $30M Budget to Open
This is after the city will own the sites, waive rent and property taxes, and partner with third-party operators while subsidizing to keep prices lower.
So with a TON of regulations waived, costs absorbed by the tax payers, the project still has a 10x budget,(which they will go way over)
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