City Costco Gets Bloomberg’s Backing

July 30, 2008

The proposal to build a Costco store in an apartment building on Manhattan’s Upper West Side is gaining an important supporter: Mayor Bloomberg.

At a press conference yesterday, Mr. Bloomberg said bringing the big-box warehouse chain to the city would help New Yorkers weather a difficult economic downturn. “Costco has a reputation of selling in bulk at very low prices, and given the economy today and the public’s desire to buy things in bulk and buy them cheaper, it seems to me we should welcome any store that wants to come here,” he said.

Read the complete article from the NY Sun here

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