Polymarket, a prediction market website, announced it signed a lease and would be opening the first free grocery store in New York City starting on February 12.
New York City Mayor Zohran Mamdani has a goal of opening at least one city-run grocery store in each borough in an effort to make grocery prices more affordable. His plan would have the city cover rent and operating costs, and the store would offer groceries at wholesale prices.
Polymarket’s grocery store, aptly named “The Polymarket,” takes affordability a step further, offering free groceries. There are limited details available about the store, except that the grand opening will be on February 12. Polymarket added that the store is open to “all New Yorkers” and is “built for the people who power New York.”…