New York City hotel company raises $35 million, plans national expansion

New York City hotel company raises $35 million, plans national expansion

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A New York-based hotel operation, which currently operates two locations in New York City and one in Beverly Hills, California, said it has raised $35 million and plans to expand nationally. Sixty Collective, which operates Sixty hotels in SoHo and on the Lower East Side in New York, said the investment came from the Silverstone Companies LLC of West Hollywood, California. Sixty Collective said it plans to use the money to open new Sixty hotels in Miami, Dallas, San Francisco; Nashville, Tennessee;…

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