Close Menu
    Latest Posts

    ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK

    September 5, 2026

    Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

    September 5, 2026

    Bitcoin ETF News: BlackRock IBIT Captures 62% of Inflows

    September 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK
    • Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.
    • Bitcoin ETF News: BlackRock IBIT Captures 62% of Inflows
    • These companies are growing their dividends, Morgan Stanley says
    • Fox News host Maria Bartiromo disputes termination
    • Big beat for non-farm payrolls
    • Broadcom (AVGO) Stock Is Down After Q3 Earnings: Is It Too Soon to Buy the Dip?
    • Automakers urge Congress to quickly ban Chinese vehicles in U.S.
    Facebook X (Twitter) Instagram
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Saturday, September 5
    • Home
    • Banking
    • Business
    • Crypto
    • Economy
    • Fintech
    • Investing
    • Markets
    • Stocks
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Home»Business»New York City targeted in lawsuit challenging Mamdani’s grocery store plans
    Business

    New York City targeted in lawsuit challenging Mamdani’s grocery store plans

    AdminBy AdminAugust 24, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    New York City targeted in lawsuit challenging Mamdani's grocery store plans
    Share
    Facebook Twitter Pinterest Email Copy Link

    Dagen McDowell explains how New York City’s government-run grocery store proposal faces a potential lawsuit from local private grocers over unfair competition, calling the taxpayer-funded plans ‘the spread of socialism.’

    A coalition representing immigrant-owned grocers is targeting New York City in a lawsuit over democratic socialist Mayor Zohran Mamdani’s plans to open multiple government-owned grocery stores in the Big Apple, a government intervention that is expected to cut into the profits of regular markets.

    The lawsuit was expected to be filed Monday at 8 a.m. ET, following efforts to resolve the solution out of court.

    “Although we have not heard from you since May 2026, we are open to resolving this matter amicably with more sensible solutions to feed working class people with nutritious essential food items at affordable prices,” the Multicultural Business Coalition’s president, Kenneth Roldan, declared in a letter to City Hall, according to a New York Post report last week.

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

    New York City Mayor Zohran Mamdani listens as Gov. Kathy Hochul speaks during a press conference on Immigration and Customs Enforcement (ICE) actions on Aug. 12, 2026, in New York City. (Michael M. Santiago/Getty Images / Getty Images)

    “We are asking the mayor to avoid litigation to sit down with us,” legal counsel for the coalition, Mark Jaffe, the president of the Greater New York Chamber of Commerce, told the outlet. “But we have to try to stop this if they won’t listen to us.”

    The first of five planned government-linked grocery stores is expected to open next year, the mayor’s office announced earlier this year.

    MAMDANI’S LUXURY-HOME TAX GETS NEW LIFE AS APPEALS COURT LIFTS ROADBLOCK IN HOMEOWNER FIGHT

    New York GOP gubernatorial candidate Bruce Blakeman discusses New York City Mayor Zohran Mamdani’s plan to open city-run grocery stores and blasts the state’s Democratic leadership on ‘Kudlow.’

    “Under the model, the City will own the land and cover overhead costs like rent and construction. A private operator, selected through a request for proposals, will manage daily operations and be contractually required to pass savings directly to customers on a core basket of everyday staples,” an April news release stated.

    Mamdani has claimed that prices for a core basket of grocery items will be priced 30% lower than normal retail prices at the government-affiliated stores.

    BILL ACKMAN SOUNDS ALARM ON MAMDANI’S ECONOMIC AGENDA: ‘SOCIALISM IS A DISASTER’

    Zohran Mamdani, mayor of New York, holds up bananas labeled with a 30% off sticker during an announcement of municipal grocery stores at a Campaign for Hunger community food distribution center in the Brooklyn borough of New York, on Monday, July 27, (Adam Gray/Bloomberg via Getty Images)

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    “This core set of goods will include all fresh produce, meat and seafood along with 20 other essential items like cheese, milk and bread. Here’s how it will work: Once a month, our five city-run grocery stores will set prices for this core set of goods at 30% below typical retail prices,” he said last month.

    FOX Business’ Madison Alsworth contributed to this report.

    Challenging City Grocery Lawsuit Mamdanis plans store targeted York
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Admin
    • Website

    Related Posts

    Business

    ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK

    September 5, 2026
    Business

    Automakers urge Congress to quickly ban Chinese vehicles in U.S.

    September 4, 2026
    Business

    Waymo opens robotaxi rides to public in Denver, San Diego and Tampa

    September 3, 2026
    Crypto

    Core DAO plans emergency hard fork after validators drew excess rewards

    September 2, 2026
    Fintech

    Supreme Court lets Trump build White House ballroom as lawsuit continues

    September 1, 2026
    Business

    First-time buyer Isa v lifetime Isa – which one should you choose? | Isas

    August 31, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK

    September 5, 2026

    Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

    September 5, 2026

    Bitcoin ETF News: BlackRock IBIT Captures 62% of Inflows

    September 5, 2026

    These companies are growing their dividends, Morgan Stanley says

    September 5, 2026
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About Us

    Welcome to MoneyLister.com — your trusted source for reliable insights in the world of finance, investing, and digital assets.

    At MoneyLister, our mission is simple: to make complex financial topics easy to understand and accessible to everyone. Whether you're a beginner exploring cryptocurrency, an investor tracking the stock market, or a professional staying updated on global business trends, we provide clear, informative, and up-to-date content to help you stay ahead.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK

    September 5, 2026

    Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

    September 5, 2026

    Bitcoin ETF News: BlackRock IBIT Captures 62% of Inflows

    September 5, 2026
    Recent Posts
    • ‘Reform broke no law’: Nigel Farage responds to latest donation revelations – video | Reform UK
    • Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.
    • Bitcoin ETF News: BlackRock IBIT Captures 62% of Inflows
    • These companies are growing their dividends, Morgan Stanley says
    • Fox News host Maria Bartiromo disputes termination
    © 2026 moneylister. Designed by Pro.
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.