New York City, perpetually challenged by limited land availability amidst a burgeoning populace, grapples with optimizing spatial resources. This research focuses on Chelsea, a vibrant enclave in West Manhattan, as a microcosm for exploring the transformative role of air rights. Employing Geographic Information Systems (GIS) as its backbone, the study meticulously dissects historical trajectories and contemporary trends in air rights utilization. It scrutinizes diverse factors shaping building height regulations, notably the floor-to-area ratio (FAR), and their intricate interplay with public amenities and transportation infrastructure. In pursuit of comprehensive insights, the research poses several pivotal questions: What historical factors have molded air rights utilization in Chelsea? How has the spatial distribution of air rights evolved over time, and what correlations exist with public amenities and transportation? Forecasts concerning the spatial ramifications of heightened air rights usage on land utilization patterns, urban density, and neighborhood ambiance are meticulously delineated. Through nuanced analysis, this study unveils the latent potential of air rights, offering pragmatic pathways for regulated development and urban rejuvenation. Embracing the vertical dimension emerges as imperative for fostering sustainable urban growth and nurturing vibrant community life in the ever-evolving tapestry of New York City.