The Peninsula redevelopment project
Coverage of The Peninsula redevelopment project in the Nexus archive.
- '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.