Congrats to NY city voters. Their wishes came true. Stalin would be so proud.
How soon are those free busses coming?
redstate.com
On Sunday, he announced that the city’s first city-run grocery store will open in East Harlem, and it will cost $30 million to build and take over a year to complete.
Even assuming New York City’s priciest union-driven construction costs, a standard-sized 25,000-square-foot grocery store should only be about $15 million to build, said Adam Lehodey, an expert at the Manhattan Institute.
“Thirty million dollars for one store is exceptionally high, considering land prices are a significant part of the capital costs of new construction, and the city has announced that rents will be waived,” he said.
The store will be required to pay no taxes or rent, yet the neighboring competitors will face those high costs. That is not capitalism, folks.
How soon are those free busses coming?
Ghosts of Former Soviet Union Leaders Grin As Mamdani's $30M NYC Communist Grocery Store Unveiled
NYC's first city-run $30M grocery store in East Harlem sparks debate over fairness and competition.
redstate.com
On Sunday, he announced that the city’s first city-run grocery store will open in East Harlem, and it will cost $30 million to build and take over a year to complete.
Even assuming New York City’s priciest union-driven construction costs, a standard-sized 25,000-square-foot grocery store should only be about $15 million to build, said Adam Lehodey, an expert at the Manhattan Institute.
“Thirty million dollars for one store is exceptionally high, considering land prices are a significant part of the capital costs of new construction, and the city has announced that rents will be waived,” he said.
The store will be required to pay no taxes or rent, yet the neighboring competitors will face those high costs. That is not capitalism, folks.
