Takes a While to Steal All the Money.

Stupid Tom continually claims to know about my entire life. Isn't that ridiculous?

My MOTHER grew up in NYC. I've been there dozens of times. And yes, I've been to Harlem on multiple occasions.

Stupid Tom equates the cost of renovating a building with the cost of building one from scratch. That's so breathtakingly idiotic, it shames even Tom.

I don't need to be a local resident to know that the mayor of NYC knows more than stupid Tom.

Stupid Tom.

More info from industry experts on madmanis overpriced boondoggle in a crappy location under the Metro North tracks.  The city has tried to make La Marqueta marketplace work for years but never succeeded

https://www.msn.com/en-us/money/companies/mamdani-s-30m-city-owned-grocery-store-will-cost-4-times-the-normal-price-to-build-and-lose-300k-a-year-in-perpetuity-experts/ar-AA218FjE?ocid=msedgntp&pc=U531&cvid=69e38764af004030af0323bab7804bb3&ei=51

Takeaways

But when it comes to building a new Whole Foods or a Trader Joe’s from the ground up, the costs are much lower, according to a real estate broker who works with prominent grocery chains. Those costs would run at about $800 per square foot, or $7.2 million, for a 9,000-square-foot location

Under normal circumstances, according to a grocery store consultant with knowledge of New York development, “no supermarket operator would pay that number.”

What’s more, the market would have to bring in a whopping $137,000 in daily sales (equivalent to $50 million a year) — which would convert to a roughly $13,000 daily profit — to recoup the $30 million outlay in six years

The taxpayer-funded stores, offering discounts on basic groceries, are all slated to open during Mamdani’s first term — and were a central plank of his campaign last fall to cut grocery prices for low-income residents.

Note some groceries not all.  For $30m in taxpayer money there are no savings to the consumers.

But kevin who may have taken a few bus tours of NYC years ago knows all

Sorry, Tom, I've owned you; stop feebly wriggling.