Not for everyone
Can't get much closer to Times Sq without spending a lot more. You really must want to be in Times Sq to stay here though. We complained about our rooms as soon as we got them and the staff were not going to change rooms until I raised my voice, mentioned trip advisor and said I was going to stand outside and tell everyone not to go in. There is a sign in reception saying you must ask for a refund within 10min of checking in, tells it own story. Bare wires, no coffee facilities, cupboards with no doors and dirty! Probably would stay further out next time and just travel in on the Subway or bus.