The New York City Council approved the TSM GF1 (Transportation System Management Geographic-Based Floor Area Increase) application, which affects multiple blocks and lots across Manhattan Community District No. 12 and Bronx Community Districts No. 4, 6, 7, 8, and 9. This Land Use Application, referred by the Committee on Finance, was introduced and approved by the City Council. The specifics of the TSM GF1 initiative involve various blocks and lots, including Block 2132, Lots 37, 38, and 40; Block 2153, Lots 29 and 36; Block 2162, Lot 68; Block 2174, Lot 131; Block 2175, Lot 100; Block 2177, Lot 218; Block 2230, Lot 29 in Manhattan, and Block 2457, Lot 10; Block 2471, Lot 15; Block 3055, Lot 58; Block 3214, Lot 82; Block 3254, Lot 65; Block 3336, Lot 24; Block 3738, Lot 1 in the Bronx. The decision was made after a hearing by the Committee on Finance, followed by approval with a companion resolution.