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The Mamdani Grocery Grift: NYC Mayor Sells Taxpayers A Bill Of Goods On City-Run Stores

Zero Rss

2 weeks 6 days ago

The Mamdani Grocery Grift: NYC Mayor Sells Taxpayers A Bill Of Goods On City-Run Stores

Authored by Jonathan Turley,

Last week, Mayor Zohran Mamdani’s short stint as a faux president ended with an embarrassing acknowledgment that he could not, as promised during his campaign, arrest Israeli Prime Minister Benjamin Netanyahu.

So, this week, Mamdani the Grocer made a reappearance, with details on the five city-run grocery stores that he will open.

But rather than deliver discount groceries, Mamdani is selling New Yorkers a bill of goods that will cost them millions.

What Mamdani described was a discount food bank dressed up as a grocery. Standing in front of blackboards saying “REDUCED 30%,” Mamdani sounded like a bodega hawker: “Once a month, our five city-run grocery stores will set prices for this core set of goods at 30% below typical retail prices. No exceptions, no gimmicks”

Here’s the most delicious part: the presser was a gimmick from beginning to end.

The mayor promised that “The savings will last for the entire month. That means no weekly fluctuations or sticker shock at the checkout line — not for our seniors living on fixed incomes, nor for the parents who rely on a regular supply of apple slices to keep toddler tantrums at bay.”

The Mamdani markets are new variations of an old New York grift: selling gold watches for $5.

The dupes want to believe that somehow this street vendor, surreptitiously displaying watches inside his overcoat, actually found a way to sell “solid gold watches” for just a few bucks.

The math simply does not add up for Mamdani.

Most groceries have an average profit margin between 1% and 3%, one of the smallest margins of any industry.

To promise a 30% discount below market rate that cannot be adjusted due to monthly market fluctuations is economically absurd.

It is not a description of a competitive grocery but a public charity. It is a quasi-food bank where taxpayers subsidize the cost.

As usual, Mamdani turns this into a class war, demonizing business owners. He suggests that real grocery stores are simply price gougers hoarding windfall profits from consumers. He ignores that they must pay rent, upkeep and fees — all things the city-run stores may simply write off.

He proclaimed, “May the most affordable grocery store win.”

Of course, the test is not which grocery is the most affordable, but which is the most sustainable. If you are willing to take a bath on sales, you can always offer the most affordable prices for as long as your excess cash holds out.

In Mamdani’s case, he has the credit of New York City to draw on to compete against Mom-and-Pop bodegas.

The subsidy, however, is only part of the costs. The average bodega owner must cover the fixed costs of renting a space, building the store, and complying with inspectors. Those are the fixed costs that must be internalized into the cost of produce to break even.

Real stores are competing in one of the tightest markets in the world and are grappling with a 33% nationwide increase in costs since 2019. Mamdani wants to use the stores to prove that socialism works as part of his effort to introduce New York to the “warmth of socialism.” We may never know the real costs of the Mamdani markets.

According to the New York Post, the city plans to open an East Harlem location as its first store, at a reported cost of $30 million.

However, that is not the full cost. The Post also reported that the city had already appropriated $25 million to improve the first site. The city will lose millions that could have been acquired through a sale of the land or through rents to private companies. Those costs are left on other ledgers and not likely counted in the true costs of the Mamdani markets.

The first store will not even open until 2027 despite the props behind Mamdani. The second Manhattan store will not open until 2029. That is three years and tens of millions of dollars for just the first two stores.

That is how Mamdani is promising New Yorkers savings of “$90 a month, or roughly $1,000 a year.” He is using the city to subsidize food under the guise of selling at low, but still profitable prices. Ironically, those who can take advantage of the subsidy at the first two stores in Manhattan will be anyone, including the privileged, wealthy New Yorkers whom Mamdani denounces for not paying their fair share. After all, everyone wants below-market-priced slices in the Big Apple.

The first city-run grocery, in East Harlem, will cost $30 million to build — and perhaps more. It will never need to pay this money back nor factor it into its prices. The “warmth of socialism” will cover it; that is, you.

In reality, Mamdani will be selling apples at a far greater cost than any competitor, but those true costs will be buried in the city budget and paid for by the taxpayers.

Indeed, the Mamdani markets are likely to prove the most expensive groceries in the city.

Mamdani, however, has never sweated the math or the means. He knows that the focus will be on the cash register price and not the true cost.

Of course, there is a big difference between the gold watch grift and the Mamdani grift: buying a knockoff watch only costs chumps a few bucks. The Mamdani con will cost New Yorkers millions, and most will thank him for it.

Jonathan Turley is a law professor and the New York Times best-selling author of “Rage and the Republic: The Unfinished Story of the American Revolution.”

Tyler Durden Wed, 07/29/2026 - 14:40

Tyler Durden

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