The president of Manhattan, Scott Stringer, is calling for an overhaul of the city’s largest subsidy program for commercial development, which he says is wasteful and improperly benefits companies that are run counter to the public good.

Mr. Stringer yesterday released an analysis of almost $10 million in city property tax breaks for Manhattan businesses that are part of the city’s Industrial and Commercial Incentive Program.

Mr. Stringer’s analysis showed that millions of dollars in subsidies went to fast food chains such as McDonald’s, Dunkin’ Donuts, and Burger King, while hundreds of thousands of dollars more went to subsidize gas stations and retail chains such as Toys R’ Us.

Mr. Stringer said subsidies should not go toward businesses that undermine residents’ health, increase pollution, or that could displace stores with local ownership.

“If there ever was a picture of self defeating government policy, then this is it,” Mr. Stringer said yesterday during a conference call with reporters.

Mr. Stringer said the aim of his report is to influence state legislators to make changes to ICIP, which expires June 30. His proposed revisions include barring ICIP subsidies to fast-food outlets, gas stations, big-box retail stores, and other chain stores, which he says are at odds with the public interest. He is also calling for more frequent reviews of the program.

“In no way is this enhancing the economic development of the city,” he said.