"We do believe there is considerable value to add through investments in social, recreational, and business amenities,” says Steve Card, principal and regional director, Mid-Atlantic, for Rubenstein Partners.

John H. Banks, the president of the Real Estate Board of New York, says the way out of the housing crisis is to build more affordable and market rate rental housing.

In addition to providing a unique transit-oriented development opportunity, 45 of the units at MacArthur Station Parcel B will be inclusionary units to provide affordable housing options.

James Nelson speaks with Fordham's Hugh Kelly on what the term means, and what 9-5 cities have to reach this premier status.