{"id":242696,"date":"2026-05-25T00:10:08","date_gmt":"2026-05-25T00:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/242696\/"},"modified":"2026-05-25T00:10:08","modified_gmt":"2026-05-25T00:10:08","slug":"news-12-brooklyn-power-politics-one-on-one-with-nyc-comptroller-mark-levine-mamdanis-progress-on-city-run-grocery-store-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/242696\/","title":{"rendered":"News 12 | Brooklyn | Power Politics One On One With Nyc Comptroller Mark Levine Mamdanis Progress On City Run Grocery Store Plan"},"content":{"rendered":"<p data-rich-text-paragraph=\"true\">Facing a $12 billion budget deficit when he first took office, New York City Mayor Zohran Mamdani is now declaring a major milestone in his administration\u2019s fiscal strategy.<\/p>\n<p data-rich-text-paragraph=\"true\">The mayor has released his proposed fiscal year 2027 budget totaling $124.7 billion, emphasizing that it closes the deficit without introducing new taxes. The plan does not include a proposed wealth tax, avoids a property tax increase, and leaves the city\u2019s rainy day fund untouched.<\/p>\n<p data-rich-text-paragraph=\"true\">The announcement marks a significant moment for the new administration as it seeks to balance fiscal responsibility with long-term economic stability.<\/p>\n<p data-rich-text-paragraph=\"true\">News 12\u2019s Heather Fordham spoke with New York City Comptroller Mark Levine, who weighed in on the mayor\u2019s budget proposal and its potential long-term impact on the city\u2019s finances. <\/p>\n<p data-rich-text-paragraph=\"true\">Meanwhile, Mamdani is also moving forward with one of his key campaign promises, expanding access to affordable food through city-run grocery stores.<\/p>\n<p data-rich-text-paragraph=\"true\">The second store is set to open in the Hunts Point section of the Bronx.<\/p>\n<p data-rich-text-paragraph=\"true\">City officials say the initiative aims to address food insecurity while providing residents with more accessible, lower-cost grocery options.<\/p>\n","protected":false},"excerpt":{"rendered":"Facing a $12 billion budget deficit when he first took office, New York City Mayor Zohran Mamdani is&hellip;\n","protected":false},"author":2,"featured_media":242691,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,99,9,24,63],"class_list":["post-242696","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/242696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=242696"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/242696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/242691"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=242696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=242696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=242696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}