New York Billionaire Supermarket Owner Opposes Mamdani's City-Run Grocery Store Plan After Historic Mayoral Win

Nov 06, 2025 03:41 pm CST

New York billionaire John Catsimatidis strongly criticized newly-elected Mayor Zohran Mamdani's plan to establish city-run grocery stores aimed at providing affordable food options. Mamdani, the first Muslim and youngest person in a century to lead NYC, won with over 50% of votes on a platform including grocery affordability initiatives and his "Tax the Rich" policy to fund public services.