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NEW YORK CITY — Paris-based Louzon Group has acquired a three-story commercial building located at 347-349 Bowery in New York City's East Village from the Salvation Army for $7.6 million. The investment group plans to demolish the building and construct a 72-room boutique hotel with a Parisian restaurant on the site. Alan Miller and Robert Ortiz of Eastern Consolidated represented the buyer, and Jonathan Plotkin of Colliers International represented the seller.