Times have been tough on New York’s neighborhood supermarkets. They not only have to contend with rocketing rents but also with increased competition from more upscale national chains like Whole Foods, drug stores, and online delivery services like Fresh Direct. Smaller, family-run stores have been the most vulnerable, but even local chains like Gristedes have struggled. Seeking to stop the bleeding and offer some relief, two New York City politicians announced at a City Council meeting on Wednesday that they would introduce a bill exempting affordable supermarkets from the city’s commercial rent tax.
Read on at Grub Street.