Adam Lehodey
Coverage of Adam Lehodey in the Nexus archive.
- Mamdani’s affordability revolution stumbled as rent costs soar to record highs
Despite Mayor Zohran Mamdani's promises of affordability, New York City rents reached record highs in June, with the citywide median asking rent hitting $4,200. The housing market is facing a shortage, marked by declining availability of rentals across Manhattan and the city. Experts warn that policies such as freezing rents and general tax increases could discourage investment necessary to expand the city's housing supply.
- 'Wasteful distraction': Experts slam Mamdani's taxpayer-funded grocery stores
New York City Mayor Zohran Mamdani's plan for city-owned grocery stores faces criticism from economists and business owners, who argue it could harm small grocers and burden taxpayers. The initiative, part of a larger redevelopment project in the Bronx, aims to lower food costs but is seen as a 'wasteful distraction' by critics like Adam Lehodey of the Manhattan Institute. A second store is planned for East Harlem, despite existing grocery options in the area.
- 'Wasteful distraction': Experts slam Mamdani's taxpayer-funded grocery stores
New York City Mayor Zohran Mamdani's plan for city-owned grocery stores faces criticism from economists and local businesses, who argue it will harm small grocers and burden taxpayers. The first store, set to open in 2027 in Hunts Point, Bronx, is part of a larger redevelopment project, while a second is planned for East Harlem. Critics question the need for additional grocery options in well-served areas.