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Mayor Announces $70M Plan for Five Discount Grocery Stores

8/24/2026

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Summary

Story summary

Mayor Zohran Mamdani announced a $70 million program to open five city-run grocery stores.
The stores will sell groceries 30% below comparable retailers.
Private operators will handle daily operations while the city provides locations and covers occupancy costs.
The first store is planned for Hunts Point, Bronx, opening by the end of 2027.
Policy analyst Adam Lehodey called the 30% discount an illusion that could cost taxpayers and cause shortages.

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Story summary

Mayor Zohran Mamdani announced a $70 million program to open five city-run grocery stores.
The stores will sell groceries 30% below comparable retailers.
Private operators will handle daily operations while the city provides locations and covers occupancy costs.
The first store is planned for Hunts Point, Bronx, opening by the end of 2027.
Policy analyst Adam Lehodey called the 30% discount an illusion that could cost taxpayers and cause shortages.