Certainly no zero at Ground Zero
Getting here is half the fun, as this area of lower Manhattan is currently torn apart in order to construct the 9/11 Memorial and the adjacent office towers. Washington Street itself is closed directly in front of the hotel. And a driver must have an extra dash of patience to negotiate the adjacent narrow, one-way lanes to arrive at the lobby. 
All that being said, this is a brand new building, and this hotel's location is one of its many selling points. Directly adjacent to the 9/11 Memorial, it's within easy walking distance of the World Financial Center and its Winter Garden, Wall St., Battery Park and the Staten Island Ferry. And the view from the 20th-floor bar/restaurant is just amazing. 
Our room was similar to Club Quarters rooms I've stayed in elsewhere, even down to the same bedspread fabric.Though not spacious, the room was comfortable and well-equipped, as was the bathroom. The lobby staff was always attentive and helpful. And the off-site self-parking location was easy to get to and well-manned, even on an early Sunday morning.The only off-note was that the hotel's hallways and elevator lobbies seemed overly warm and humid for the entire time we were there, as if they weren't air conditioned. The room itself, though, had its own individual air conditioning control. 
Definitely a keeper, and for a price that looked especially good for Lower Manhattan.