No matter how you cut it $3333/sqft is a ridiculously high build out cost. My guess is they want it nice and “green” and use 100% union labor which will skyrocket costs. NY retail rent is high but build out costs aren’t particularly high there. Comparable to LA / SF etc and I’d say 20-30% higher than other regions. Companies do spend a lot more per sqft there because it’s high value real estate not because it’s expensive.

It’s intentional dishonest framing because they think their readers are media illiterate retards, like the founders of A16Z.

An evil firm for an evil time.

Yes you have a good point. East Harlem is even cheaper than Bumblefuck Arkansas so the comps understate just how big of a dei communist scam Mamdani Mart is. Good point!

It’s so badly both

Seriously.

Read the footnote moron; upper bound for second line item is in west village Also you realize that 3k psf is crazy right? Also do you really think a govt project with no specific goals / accountability will be remotely competitive with what the private sector would do?

This footnote is a joke

Ok how about Erewhon? Happy?

There’s no HEB in Arkansas. Enjoy the income tax and the wealth tax.

Yes, with Whole Foods being known for their rural & low income locations

what point are you driving at? is it that mamdami mart is unfairly depicted ? do you believe there’s a more fair comparison? feel free to share …

He is paying $0 to acquire the real estate. Yet is spending $30M to open a grocery store over 3 years (you and I could open one in a few months). I’m having a hard time determining if your false outage is stupid or dishonest.

You want to bet $30 million that it doesn't cost $30 million to build a grocery store in New York City of the size?

Yea I would look at Whole Foods first. Lol. It’s a joke he is trying to do this bullshit.

I can't imagine being this stupid or dishonest enough to defend Mamdani's wasteful spending and horrible policies.

a16z new media is obviously a propaganda machine for "american dynamism" the $1.7B they invested in mass surveillance and AI kill bots is at risk because of public backlash

Great. Now do trader Joe's in NYC

Do people not realize that $30M is chump change for something that will serve its purpose for decades?

Bofadem. Some odys tickled af though. Problem is if you go too apartheid pal the giggles become less with you than at you.

Completely transparent and disingenuous.

whole foods has some large stores in NYC. gowanus was huge.

Then compare it to whole foods, morton williams, gristedes, etc. this mamdani grocery store will undoubtedly be more per sq ft

Dishonest for sure

are you dumb? read the footnote

Whole food is a slightly fair comparison tho. Mainly built in high cost areas.