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New York City Mayor Zohran Mamdani just proposed government-owned grocery stores across the five boroughs — and New Yorkers are already paying the price before a single store opens. In this video, we break down the real cost of Mamdani's public grocery store plan, what it means for the city's budget, and why everyday New Yorkers who never step foot in one of these stores will still feel it in their rent, their taxes, and their city services. The idea sounds simple: lower food prices for neighborhoods struggling with grocery access. But behind that promise is a fiscal reality that nobody in City Hall is talking about loudly. Hundreds of millions in upfront capital costs. Ongoing operating subsidies that have to come from somewhere. A city budget already under pressure from corporate departures, expiring federal aid, and a commercial real estate market that still hasn't recovered. And a track record of government-run retail programs that consistently cost more and deliver less than the announcement suggested. 🔔 Subscribe for weekly breakdowns of New York City policy, politics, and the numbers behind the headlines.