SBE Entertainment unveils plans for NYC hotel

SBE Entertainment Group has launched an $85 million project for a 190-room SLS Hotel in New York. The 20-story property is expected to open in 2013 and will be the luxury SLS brand’s first hotel in the city. SBE plans to expand the SLS brand across the U.S. and abroad and is working to acquire properties elsewhere in New York, in Seattle and in China.Read the Bloomberg Businessweek story here.