John Catsimatidis threatens to close Gristedes if | Business

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John Catsimatidis threatens to close Gristedes if – Business News

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Billionaire John Catsimatidis threatened to close or sell his Manhattan-based grocery chain Gristedes if Democratic Socialist mayoral candidate Zohran Mamdani is elected the subsequent mayor of New York City.

“We can’t compete with Mamdani opening city run supermarkets for free,” Catsimatidis informed The Post on Wednesday, referring to the mayoral hopeful’s plans to open grocery shops owned and operated by the federal government within the 5 boroughs.

John Catsimatidis threatened to close or sell his Manhattan-based grocery chain Gristedes if Zohran Mamdani is elected the subsequent mayor of New York City. Stefan Jeremiah for New York Post

“Will Mamdani run the supermarkets with union help? When people start shoplifting, will he even have cops arrest them,” Catsimatidis contemplated. Robert Miller

Catsimatidis, 76, has run the mainstay grocery store for many years on high of his slew of different companies. Robert Miller

“Will Mamdani run the supermarkets with union help? When people start shoplifting, will he even have cops arrest them,” Catsimatidis contemplated.

The 76-year-old grocery store mogul additionally urged that if company taxes are hiked within the Big Apple – one other lofty ambition included in Mamdani’s marketing campaign’s progressive agenda – that he would need to relocate his company’s headquarters.

“We’d probably move our corporate headquarters to New Jersey,” Catsimatidis mentioned.

Catsimatidis, 76, has run the mainstay grocery store for many years on high of his slew of different companies.

A spokesperson for Mamdani didn’t instantly reply to a request for remark.

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