Mamdani Faces Veto Fight and Fiscal Strain

0:00 Speaker 1 Sunday Morning with us today is Craig McCarthy. Well used the City Hall Bureau chief for the New York Post and well, Craig, what happened on Friday.

0:12 Speaker 2 Well, we had you know history for zor AMAZONI, he issued his first veto in office. He has spoken out against these bills, these two bills specifically since they were coming down the pike. One was to create a buffer zone outside of religious institutions, and another was nearly identical, but it would create that zone that no protest zone

0:34 outside schools or educational institutions. He vetoed the latter on Friday, which is already facing some blowback. He raised concerns of the definition of schools, that it was too broad and could include things like museums. But you know, in that bill, the second bill, which was sponsible by Eric Denowitz, didn’t have a visa proof majority, only had thirty thirty votes

1:01 when it passed last month. However, the first one around side religious institutions, which notably he is not publicly supported and has raised concerns about overwhelming support throughout the council. So even if he tried to be to that first one, so conso is.

1:16 Speaker 1 Going to override him anyway. But he’s a smart guy. He knows that was he just trying to make his his supporters feel better.

1:28 Speaker 2 Well, yeah, this has been a real hot point for for both him and his the comrades on the left here with the DSA. I mean, they did a whole phone bank campaign going after both of these bills last month ahead of the vote. So you know, listen, he this is something he hasn’t supported. I believe he also

1:46 you know, he’s with his the DSA on this one. He says that he doesn’t believe in this bill, so it would you know, it’s a political move he’s gonna you know, the question is is will the council will now rally around then with his bill? And you know some only how they did with the budget, where even

2:02 the people that are with Lendani and his DSA party, you know, stided with the speaker. So there’s always that risk.

2:09 Speaker 1 When you when you do your I think what you got to do if people we believe in our religious institutions, and that the people that believe in these religious institutions, any of the City council people, I will take a full page ad in the New York Post and I’ll pay for it myself, and and point out the people

2:30 that that voted against having protection for our religious institutions.

2:37 Speaker 2 Right right, and well, and notably that one is the one that’s gonna go through. The one that’s are on schools will not go through. But still it’s you know, there.

2:47 Speaker 1 Are another ones they have the right to pay, the one that they have the right to picket schools right up to the doorstep. And the city council is not going to vote for it or how does that? What do you mean by that?

2:59 Speaker 2 Yeah, so that’s what they already voted for. So that exactly there’s gonna be no buffer zone around schools for protests. So the question is is what will the council do now? Right now, it goes back to the council and they have time to see if they’re going to try to override him. It had thirty votes last time, so it

3:15 only needs four or five more solidly that you know they can they can override it. So the question again is the question is will the council come together and push back on Zora?

3:26 Speaker 1 Wow? What else is going down on a city.

3:29 Speaker 2 Ho Well, we have our looming budget by this coming Friday, we have supposed to have our executive budget. And listen, there’s been little talk of savings this one hundred and twenty seven billion dollar budget that had been proposed. You know, Zoran has still been couting tax the rich, but Governor Kathy Oakle has said she is not raising taxes. She

3:50 did this Pietre terror tax on secondary homes. But there’s also raising concerns like how is this even going to go into effect? It it seems like it’s going to be logistical nightmare because of the the property values and how their attacks and assessed. So you know, listen where we’re still staring down an alleged five point four billion

4:09 dollar budget gap, or he’s going to have to raise property taxes, which nobody wants.

4:15 Speaker 1 Well, I mean the big thing is if it chases away buyers, then it’s going to bring down price of real.

4:22 Speaker 2 Estate, right, I mean, listen, He’s also you know, he kind of started a little inadvertently. It seems like, I don’t know if you realized that Ken Griffin would be so you know, angry at him filming outside of his his.

4:37 Speaker 1 Ma’s a six what is it? A four billion, A six billion dollar enterprise that’s going to be built with six thousand workers.

4:46 Speaker 2 Yeah, I mean, listen to Citadel that his company has had Trump Citadel is doing this six billion dollar renovation of a Park Avenue building for his business. And you know, he even applied yesterday at his second in command at sidel issue with memos to staff and this the first time we’ve ever said anything and couched it and saying

5:03 that if this project goes forward, meaning that he’s raising concerns about this, I mean, you know, he targeted him outside his house. This is somebody and this is what the New York City Partnership has been pushing for, is this is somebody that does bring business to New York City.

5:16 He donated to New York City. You know, their memo even said that you know, they two point four billion dollars and a million dollars and billion or a million I can’t remember the top of my head in taxes just the company and it’s employees I’d paid over the last four years. And him personally, he donated you know,

5:32 more than half a million dollars into New York City charity. So that’s kind of you know, he took offense with the fact that this was somebody that’s not paying their fair share.

5:42 Speaker 1 Unbelievable. Well, thank you so much for calling in this Sunday morning, and keep your eyes open and we’ll talk again.

5:49 Speaker 2 Will so thanks for having me, John,