The TLC is holding a hearing today on extending a cap on new vehicle licenses for For-Hire-Vehicles such as Uber and Lyft by another 12 months and a requirement for all App companies to reduce the average empty time in Manhattan 96th Street and below from the current 41% down to 31% by next August. There are currently 120,000 FHV vehicles, with 86,000 affiliated with Uber, Lyft, Via or Juno alone.