Yes$255K Vol.Zohran Mamdani has proposed creating city owned grocery stores to combat rising prices (see: https://www.nytimes.com/2024/12/12/nyregion/grocery-stores-city-owned.html). This market will resolve to “Yes” if both the following occur: 1. Zohran Mamdani wins the 2025 NYC Mayoral election. 2. The City of New York implements a policy under which at least one grocery store that is city-owned and operated is actively open to the public by June 30, 2026, 11:59 PM ET. The policy will be considered to have been implemented if at least one such store is open for regular grocery retail sales to the public by the resolution date. The enactment or announcement of a policy without an operational, open store will not alone qualify. Policies that are blocked, cancelled, or not yet in effect by the resolution date will similarly not qualify. Limited pilots, studies, planning initiatives, or temporary pop-up markets which don’t regularly operate as regular grocery stores do not qualify. Partnerships which include partial city ownership will qualify as long as the store is substantively under City of New York control. Partnerships with non-profit or other operators which don’t include direct city ownership of the store will not qualify. Only stores that are initiated, approved, or opened during Zohran Mamdani’s mayoralty and that are described in credible reporting or official City communications as part of the “city-owned grocery store” initiative associated with his campaign platform will qualify. Grocery stores created by previous or subsequent administrations, or any other government-run or subsidized retail programs that are not reasonably attributable to the Mamdani administration’s city-owned grocery store policy, will not qualify. If Mamdani is confirmed to have lost the 2025 NYC Mayoral election by a consensus of credible reporting, this market will immediately resolve to “No.” The resolution source for this market will be a consensus of credible reporting.
Ooop slow market not seeing Mamdani's announcement... free money
Bro just said the first one will be built next year GGs LOL
any day now
obvius no
State/City owned business are not relialible.
That's not possible. Realistically it would take like 1-2 years lol
Oh, commies. 😂
Polymarket should allow (l)users to sleep overnight at the store
who tf is Mamdani ?
ok
No liquidity in this one :-(
NO (72%). NYC grocery opening by June 30 looks unlikely. No confirmed site, contract, or build out, and normal NYC timelines exceed the window. Political will helps later in 2026, but the deadline is the problem.
If Mamdani can actually pull this off by June, it would be a total game-changer for families struggling with inflation. A city-owned option means putting people over profits for once.
you do realise that grocery stores have a profit margin of 1% right.
If he understood what you said, he wouldn't have said what he said
If they have 1 percent profit margin how the fuck they pay 10,000 dollars rent in nyc?
profit comes after paying rent re tard
You're an idiot and need to study basic economics & communism.
Should have bought no yesterday when it was 65.....still believe it but not 100% and I think it's proved out for any new NOs at this point given the expiration date
I wonder which lucky individual is going to get to profit millions off of this project to supervise it, and which private firm will be hired to buid it? Leave it to a "socialist" to enrich the private sector.
It's pretty likelly the city would outsource operating the store, deciding inventory, handling personel ect to the private sector and if the store doesn't work out its only the taxpayer that loses
Not by june 30th. They need to renovate a space, get all the workers from the top to bottom, permits, planning among other things.
Mamdani visits Russian grocery store and is stunned by the available selection by December 31?
I'm keeping an eye on this. 30th June is definitely tight but NYC already owns two public spaces dedicated to food sales. As the resolution includes partnership as a way to resolve to YES a quick way for Mamdani to execute this part of the plan would be to use the current Moore St. Market renovations.
Partnership would still entail a tending process assuming some private operator was involved which would probably add a month before choosing a company.
They could modify the stand or contracts in place to subsidy the food sold there in some way and push the city-owned grocery store. No tendering required, it would be a unilateral contract modification with huge benefits for the stands.
Too slow bureaucracy to be on time
This is the only promise Hochul will let him fulfill
hello can u donate a dollar so i can start i promise ill pay u back as soon as i make more than like 10
stfu
I wish there were some further out markets. One for the end of 2026 would be good.
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