New York City Mayor Zohran Mamdani is facing opposition from multiple business sectors over recent policy proposals, including plans for city-run grocery stores and tax increases on wealthy residents.

Small business owners in East Harlem have raised concerns about Mamdani's proposal to establish city-operated grocery stores in the area. Local grocers argue that the neighborhood is already adequately served by existing businesses and worry that government-run competition could result in lost customers for their establishments.

Separately, Mamdani has drawn criticism from real estate industry leaders over his approach to taxing wealthy New Yorkers. Steven Roth, chief executive of Vornado Realty Trust, criticized the mayor during a recent earnings call for specifically targeting billionaire Ken Griffin in his push to increase taxes on high earners in the city.

The real estate executive's comments came after Mamdani publicly called for higher taxes on wealthy residents, with Griffin being mentioned as an example of the type of high-net-worth individuals the mayor believes should contribute more to city coffers.

Both initiatives represent key components of Mamdani's policy agenda, though they have generated pushback from different segments of the business community who argue the proposals could harm economic activity in the city.