Author Topic: At $55M, Mamdani’s city-owned grocery store is a growing boondoggle  (Read 220 times)

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Online rangerrebew

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At $55M, Mamdani’s city-owned grocery store is a growing boondoggle
Opinion by Post Editorial Board • 9h


It turns out Mayor Zohran Mamdani’s East Harlem grocery store project is an even bigger boondoggle than we thought.

A Post Business exclusive this week revealed that the La Marqueta site where Mamdani’s plans to spend $30 million was already approved for a $25 million upgrade nine years ago — meaning the taxpayers will burn $55 million on this white elephant.

Plus operating costs that the mayor hasn’t even pretended to estimate yet.
 

And in a neighborhood that already hosts ample food markets that now must worry the city-subsidized store will put them out of business.
 

https://www.msn.com/en-us/money/realestate/at-55m-mamdani-s-city-owned-grocery-store-is-a-growing-boondoggle/ar-AA24q1Hl?ocid=widgetonlockscreen&cvid=b841a338b0bb4028cf8cb531d975bb19&ei=33
« Last Edit: Saturday, May 30, 2026 11:56 am by rangerrebew »
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Re: At $55M, Mamdani’s city-owned grocery store is a growing boondoggle
« Reply #1 on: Saturday, May 30, 2026 12:24 pm »
Now multiply this by five, because there's supposed to be one of these in each of the five boroughs.
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