September 30

About This Market

The Multicultural Business Coalition has filed a lawsuit against the City of New York seeking to block the opening of five municipally owned grocery stores planned under Mayor Zohran Mamdani's administration. This market will resolve to "Yes" if, between market creation and the specified date at 11:59 PM ET, a court issues any order — including a temporary restraining order, preliminary or permanent injunction, or other relief — that has the effect of prohibiting, suspending, or pausing the opening or operation of one or more of the planned municipal grocery stores. Otherwise, this market will resolve to "No". A qualifying order issued within the market timeframe will resolve this market "Yes" regardless of whether it is later vacated, reversed, stayed, or superseded, regardless of its stated duration, and regardless of whether any store would otherwise have opened during the market timeframe. A settlement, voluntary dismissal, or withdrawal of the litigation; a dismissal by the court; the City abandoning or modifying the grocery program in the absence of a qualifying court order; or any other disposition in which no qualifying order is issued will resolve this market "No". The primary resolution sources will be official court records and filings; however, a consensus of credible reporting may also be used.