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June 29, 2025 19 mins

A high-stakes battle is brewing in New York City.Gristedes CEO and billionaire John Catsimatidis says he’ll close or sell his grocery stores if democratic socialist Zohran Mamdani is elected mayor. Why? Mamdani's bold proposal to launch city-owned grocery stores could disrupt the private food market—and it’s sparking major backlash.

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