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Mamdani grocery plan to offer 30% discounts on staples while avoiding competition with local stores
ABC7 New York • • business
Key Points:
- The Mamdani administration will reduce prices by 30% on a core basket of essential grocery items at city-owned stores, potentially saving shoppers about $90 monthly or $1,000 annually.
- Five city-run grocery stores will offer discounted staples such as produce, pasta, meat, seafood, bread, yogurt, rice, and beans, with prices set 30% below typical retail once a month.
- Locations include La Marqueta in East Harlem and Hunts Point in the Bronx, with all five stores expected to open by 2029 and the first store in the Bronx slated for next year.
- The city will own or lease the store spaces and cover construction costs, while private contractors manage daily operations; stores will avoid selling cigarettes, alcohol, lottery tickets, and hot food to avoid competing with local bodegas.
- The mayor has allocated $70 million in the capital budget for the project, framing it as a fulfillment of his campaign promise to provide affordable groceries for working New Yorkers.
