Great view and convenient location
We stayed here while participating in a conference at the Hudson Theater. Although we got a corner room with a great view on Times Square, the room was not so clean and had a stale smell - it almost seemed a smoker room. The bathroom needed renovation. The noise in the square was bothering during the early morning - even if we were above the 40th floor. 
I have stayed in other hotels in Times square and I would say that there are better alternatives.