NEW YORK CITY-Paris-based Louzon Group has recently bought the former Salvation Army building at 347-349 Bowery situated on the corner of E. 4th Street for $7.6 million. The family company has plans to build a 65-room boutique hotel on the site.
In the transaction, the buyer was represented by Alan Miller from Eastern Consolidated, while the Salvation Army was represented by Jonathan Plotkin from Colliers International. For the full story, go to New York Post.
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