BOSTON-The Bay Village Neighborhood Association agrees to drop its opposition to a $150-million hotel project here in the center of the theater district. The developer, Sawyer Enterprises, wants to build a 25-story Loews Hotel here and this agreement is a crucial step forward for the project.

LONDON-FPD Savills finds that 800,000 people face very limited household choices. A government commission reports that 43,000 extra homes will be needed every year for the next decade to alleviate the housing shortage.

LONDON-FPD Savills finds that 800,000 people face very limited household choices. A government commission reports that 43,000 extra homes will be needed every year for the next decade to alleviate the housing shortage.

NEW YORK CITY-The property, which was sold by the Institute a few years ago, was facing foreclosure at the time of the purchase and under a court-imposed deadline of three weeks for the new owner to come up with the money. The deadline was met with 24 hours to spare.