Decent but not sure if I will stay again
I stayed here this month for 3 nights and below are my observations
Pros 
1) Location - 7-10 minutes walk from times square. Although, their sister hotel (broadway at times square) is much closer to the times square
2) Price - Price we got (approx 200$/night) was a good deal compared to other places nearby
3) Quick check-in/out - hardly took more than 5 minutes either way
4) They changed our room with no view to with view the very next day.
Cons
1) Room without a view - Make sure you ask for a room with a view, otherwise, be ready to settle for the worse.
2) Breakfast - Although breakfast is free, queue especially between 9-10am is so long that you lose all the enthusiasm for free breakfast.
3) Customer Service - I expect atleast some amount of customer service like 'have a nice stay' 'breakfast is served here', 'you can have breakfast from 7am to 10am', 'do you need any help with taxi while checking out' - Unfortunately i didnt see this during our stay. Having said that couple of guys (front desk guy for night shift) was really nice and suggested us few things.
4) No microwave in the lobby - This is a problem if you have small infants/kids who only prefer warm milk.