Mayor Zohran Mamdani’s municipal grocery store initiative, a signature campaign pledge, carries official timelines showing the first city-owned location opening in late 2027 at the Hunts Point site in the Bronx, with additional stores targeted for 2029. Site selection, $70 million in capital funding, requests for proposals to private operators, and design work remain in early stages as of October 2026, with construction required for most locations. Ongoing lawsuits from independent grocer groups seeking to block the program introduce further procedural hurdles. Traders’ 96.5% implied probability on “No” reflects this multi-year rollout and absence of any announced acceleration. A sudden regulatory override or repurposing of an existing city facility could theoretically shift timing, though no such developments have surfaced.