Connect with us

Business

NYC grocer fears Mamdani supermarket could force family business to close

Published

on

NYC grocer fears Mamdani supermarket could force family business to close

For nearly 30 years, Josefina Aguirre has helped keep alive the East Harlem grocery store her immigrant parents built from scratch. The family business has survived soaring rents, inflation, the pandemic and a changing neighborhood.

Now, she fears New York City Mayor Zohran Mamdani‘s grocery experiment could become the final blow to the family business.

Advertisement

Aguirre is among the neighborhood grocers suing Mamdani over his plan to open city-backed grocery stores across all five boroughs. The mayor says the stores will offer prices roughly 30% lower than comparable retailers. Local business owners argue the taxpayer-backed competition could force family-run stores to close.

EXPERTS SCORCH MAMDANI’S GROCERY PLAN AS AN ‘ILLUSION’ THAT WILL HAVE TAXPAYERS FOOTING THE BILL

“When we heard Mamdani was opening a grocery store where people are gonna save 30%, it scares us because we don’t have the money to compete,” Aguirre said. “We’re not scared of competition, we never have been. But when you have a grocery store coming in like this, it could take us out of business.”

One of the proposed stores is slated to open next year at La Marqueta, a public market just two blocks from Little Mexico, the grocery Aguirre’s parents opened in 1997. The city is expected to spend roughly $30 million to build the location, putting a taxpayer-backed competitor virtually on Aguirre’s doorstep.

Advertisement

MAMDANI’S AFFORDABILITY REVOLUTION STUMBLED AS RENT COSTS SOAR TO RECORD HIGHS

A view of La Marqueta marketplace in New York City.

A $30 million city-backed grocery store is opening two blocks from NYC grocer Josefina Aguirre’s family business. (Kendall Rodriguez/Newsday RM/Getty Images)

For generations, neighborhood grocery stores have competed against one another, along with supermarket chains and big-box retailers. Aguirre said this fight is different because the city would be subsidizing a competitor that independent businesses cannot match.

“If I’m selling a whole chicken for [$10], and he’s giving it for $7, they’re gonna buy the $7 chicken,” Aguirre said. “Who doesn’t want a 30% discount?”

For Aguirre, the stakes extend well beyond losing customers.

Advertisement

“I pay my mortgage from here. I pay for my kid’s tuition. This is what I’ve been doing for over 30 years. Do I need to start over in a new career?”

NYC TAXPAYERS COULD PAY TWICE UNDER MAMDANI’S CITY-OWNED GROCERY STORE PLAN

Zohran Mamdani, mayor of New York, stands behind groceries at a community food distribution center.

New York Mayor Zohran Mamdani has made city-owned grocery stores a centerpiece of his affordability agenda, arguing the government-backed model can deliver lower prices to New Yorkers. (Bloomberg via Getty Images)

Aguirre’s concerns are at the heart of a lawsuit brought by a coalition of New York City grocers challenging Mamdani’s plan to use public funds to create grocery stores they argue private businesses cannot realistically compete against.

Mamdani has committed $70 million to opening five municipal grocery stores, one in each borough, saying the model will lower grocery bills for New Yorkers struggling with the rising cost of food. The stores would operate on city-owned property without paying rent or property taxes, savings Mamdani says would allow them to charge lower prices.

Advertisement

Independent grocers argue those same taxpayer-funded advantages would leave businesses like Little Mexico competing on an uneven playing field.

NYC GROCERS SOUND ALARM ON MAMDANI’S SUPERMARKET PLAN: ‘WE’LL LOSE CUSTOMERS’

Grocery store stands along a street in Brooklyn.

Bodegas and small grocery stores have long been fixtures of New York City neighborhoods, serving generations of residents often just steps from their homes. (Spencer Platt/Getty Images)

Mamdani’s grocery push is also an early test of his broader socialist vision for New York, putting government-run stores in direct competition with private businesses in a city synonymous with capitalism.

For Aguirre, the fight is personal.

Advertisement

“This is what my parents left us,” she said. “It’ll be sad to see us leave.”

But she has no intention of walking away from the business her family spent nearly three decades building.

“So what will happen next? The next thing would be closing our business, and we don’t want to close. We’ve been here for years,” she said.

Mamdani’s office did not respond to Fox News Digital’s request for comment.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

abrdn Total Dynamic Dividend Fund Q2 2026 Commentary

Published

on

abrdn Total Dynamic Dividend Fund Q2 2026 Commentary

abrdn Total Dynamic Dividend Fund Q2 2026 Commentary

Continue Reading

Business

Sandisk: It's The Perfect Time To Load Up

Published

on

Sandisk: It's The Perfect Time To Load Up

Sandisk: It's The Perfect Time To Load Up

Continue Reading

Business

TCW Private Asset Income Fund Q2 2026 Commentary (undefined:TPYTX)

Published

on

TCW Private Asset Income Fund Q2 2026 Commentary (undefined:TPYTX)

TCW is a leading global asset management firm with more than five decades of investment experience and a broad range of products across fixed income, equities, emerging markets, and alternative investments. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals.
Note: This account is not managed or monitored by TCW, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use TCW’s official channels.

Continue Reading

Business

Amazon Prime Air Boeing 767 overruns runway at Miami airport

Published

on


Amazon Prime Air Boeing 767 overruns runway at Miami airport

Continue Reading

Business

Trump administration focuses on boosting oil output, Wright says

Published

on


Trump administration focuses on boosting oil output, Wright says

Continue Reading

Business

Nepal rescuers continue search for missing as identification of dead remains challenge

Published

on

Nepal rescuers continue search for missing as identification of dead remains challenge
Kathmandu: Rescuers in Nepal continued searching for those missing, as authorities faced continuing difficulties in identifying the dead, 11 days after devastating floods struck large parts of the country.

The death toll stood at 1,344, while nearly 5,000 people, including 589 foreign nationals, remained missing, according to Nepal Police. Around 13,400 people have been rescued so far.

The disaster was triggered by an ice-rock avalanche near the Nepal-Tibet border on August 26, sending a massive surge of water and debris downstream through the Bhotekoshi River and devastating settlements in northern and central Nepal. Homes, vehicles, roads, bridges and hydropower infrastructure were swept away or damaged.

At least 43 people were killed on the Chinese side, while more than 500 people remained missing in Tibet, according to Chinese media reports.

Of the bodies recovered in Nepal, at least 85 were children, while around 500 were recovered with body parts missing, according to officials. The condition of many bodies has complicated efforts to establish their identities.

Advertisement


Chitwan district accounted for the largest number of recovered bodies, with 362, followed by other affected districts including Nawalparasi East, Nawalparasi West, Nuwakot, Rasuwa, Gorkha, Dhading and Tanahun, according to Nepal’s National Disaster Risk Reduction and Management Authority (NDRRMA).
Only 98 bodies had been identified and handed over to their families, according to NDRRMA.Identifying the dead has emerged as a major challenge, with many bodies recovered after being swept downstream severely damaged, decomposed or recovered only in parts. The police have said that bodies carried far from the disaster sites and those that remained in water and mud have made identification particularly difficult.

Nepal Police has begun collecting DNA samples from relatives of missing people to help identify unclaimed bodies and human remains recovered after the floods. Relatives in Nepal can provide samples through the Nepal Police Hospital in Kathmandu or their nearest district police office.

More than 1,000 unidentified bodies have been buried after DNA samples were collected to facilitate their identification in the future, officials said.

Hospitals struggled to cope with the growing number of unidentified bodies. Large crowds continued to gather at medical facilities, carrying photographs of missing relatives and scrutinising images of the dead displayed on the walls.

Nepal’s Information and Communication Minister Bikram Timilsina has said the government would ensure that there was no shortage of relief materials or mismanagement in their distribution to flood victims. The government was actively involved in relief and rehabilitation efforts despite the scale of the disaster, Timilsina told the online edition of the government-owned Gorkhapatra.

Advertisement

“Nepal demands climate justice at this moment and the international community should be serious about this,” Timilsina said, adding that the disaster underscored the need for greater preparedness for future climate-related disasters.

Nearly 88,000 cooking gas cylinders have been brought into Kathmandu Valley through alternative routes over the past three days as authorities work to maintain supplies after the disruption of the Prithvi Highway – the primary vital link connecting the Kathmandu Valley to the rest of Nepal and to India.

According to Nepal Oil Corporation (NOC), 87,877 LPG cylinders were brought into the Valley between September 3 and September 6 by 18 companies.

The cylinders were filled at plants in Bara, Parsa, Makawanpur, Chitwan, Nawalparasi, Dhanusha and Mahottari districts before being transported to Kathmandu.

Advertisement

NOC spokesperson Manoj Thakur said supplies of petroleum products and LPG to Kathmandu Valley and surrounding areas were continuing through alternative routes despite the disruption of the main highway.

The Prithvi Highway was disrupted at Krishnabhir in Dhading on August 30 after erosion by the Trishuli River damaged the road, leaving fuel tankers and LPG carriers unable to proceed towards Kathmandu.

Nepal’s Foreign Minister Shisir Khanal and his South Korean counterpart Cho Hyun on Sunday discussed ongoing search, rescue and relief operations. In their meeting in Kathmandu, the two leaders held in-depth discussions on efforts to locate missing South Korean nationals, Khanal’s office said.

Khanal thanked the South Korean government for sending an inter-agency rapid response team and the Korea Disaster Relief Team to flood-hit areas, as well as for providing humanitarian assistance and relief materials. He also outlined Nepal’s priority of rebuilding resilient and durable infrastructure and expressed hope for continued South Korean support.

Advertisement

Cho expressed the “willingness of the Korean Government to support Nepal in the post-disaster reconstruction efforts” and called for Nepal and South Korea to work together to raise awareness about the impacts of climate change, including at global forums such as COP.

Kathmandu has urged friendly countries to confine travel advisories to specific flood-affected areas, while highlighting that the rest of the country remains open and safe for travel and tourism.

The country’s Ministry of Foreign Affairs said on Sunday that it and Nepal’s missions abroad were working closely with friendly countries on the issue.

The request comes after the United States issued a travel advisory on September 4, placing entire Nepal under Level 2, or “Exercise increased caution”, due to natural disasters.

Advertisement

Tourism is a major contributor to Nepal’s economy, accounting for about 6.4 per cent of GDP and 15.2 per cent of total employment in 2024, according to World Bank data, making travel restrictions a significant concern for the country.

Meanwhile, a fresh flood in Gorkha district early Sunday swept away four houses and a suspension bridge, although there were no casualties.

The flood occurred in Chumnubri Rural Municipality-4 after the Namrung Khola River overflowed, according to police. The four houses were swept away after residents became aware of the approaching flood and fled to safety.

Authorities said the river may have been temporarily blocked near its source before releasing a surge carrying mud and debris downstream. The Namrung Khola flows into the Budhigandaki River, and residents along the Budhigandaki have been urged to remain alert.

Advertisement

The flooding damaged two small hydropower projects in the wider Namrung area, according to local reports. It also affected movement in the area after the suspension bridge was swept away. PTI

Continue Reading

Business

Boeing 767 cargo plane bearing Amazon logo crashes near Miami airport

Published

on


Boeing 767 cargo plane bearing Amazon logo crashes near Miami airport

Continue Reading

Business

Inflation, Apple, Adobe, Oracle, Macy’s, and More to Watch This Week

Published

on

PCE, Walmart, Palo Alto, Analog Devices, Deere, and More to Watch This Week

Inflation, Apple, Adobe, Oracle, Macy’s, and More to Watch This Week

Continue Reading

Business

BlackRock California Municipal Opportunities Fund Q2 2026 Commentary

Published

on

Invesco Rochester New York Municipals Fund Q4 2025 Commentary

BlackRock California Municipal Opportunities Fund Q2 2026 Commentary

Continue Reading

Business

BNY Mellon Short Term Municipal Bond Fund Q2 2026 Commentary

Published

on

Thoughts From The Muni Desk

BNY Mellon Short Term Municipal Bond Fund Q2 2026 Commentary

Continue Reading

Trending

Copyright © 2025