Inside New Yorkers' hopes and fears over Mamdani's city-run grocery stores

Business Insider | 23-08-2026 12:43pm |

New York City Mayor Zohran Mamdani's plan to open five city-run grocery stores by 2029 has sparked mixed reactions among New Yorkers. Phillip Grant, a former city economic development executive and construction entrepreneur, is optimistic about the initiative and believes he could operate one of the stores. The stores, including the La Marqueta location in East Harlem, will offer a 30% discount on core goods like fruit, vegetables, and dairy. The initiative has a budget of $70 million, with the East Harlem site being the most expensive at $30 million.

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