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People are giving you uninformed answers, but to be fair, you just could have searched it yourself.
The stores haven't even opened yet. The first are expected to open by the end of 2027.
The plan says they get the real estate from the city for free or very cheap. Also subsidies for groceries in the "core basket".
So the answer is city subsidies, payed for with tax dollars.
Where those dollars will be coming from within the city budget has not yet been announced, but seeing as they have time until end of 2027, there's likely going to be a lot of budget-shuffling and negotiations until a budget-position is going to be revealed.
Might be in the NYC budget already, but I don't see reporting on it, nor do I have the time to go over that.
In my opinion it's a relatively good and easy way of redistributing money from top to bottom. You know, like schools, libraries, public pools (or free universities in better countries). Because it directly addresses a need of the poorest New Yorkers without just handing them money and implements a "food as a human right" response to corpos profiting off of societies need for groceries.
There are enough rich people in NYC that taxing them properly will be enough to cover the subsidies
Biggest savings are free real estate probably though
Yes, that's my guess too, rent in NYC has to be a huge part of any supermarket budget. But this is still a subsidiary as loss of income is budgetary the same as an expense.
Thank you for looking into that.
You’re thanking the guy because he spent three minutes searching for the answer you were so clearly sealioning for.
Good job I guess.
I thanked them because they actually provided an answer that no one else did, as they pointed out in the first sentence. You still don't know what sealioning is.