Don't stay there!
First, i am not a person who writes bad about the hotels so easily, but this time was experience totally under the limit. We stayed there 2 nights in Sept. 2012. Service is totally under everything, value: too expensive for what you are geting for it. Room was small, smelly, dirty and really noisy, because of the construction next door, I know it's not their fault, but nobody didn't even warn us about this and when i talked with the reception guy about it first morning, he didn't care at all what we felt or anything else and they of course still took full listprice from us. Earplugs didn't help, noise was too high.
Only good thing: location, but that is it.
My advice: just pay more, take another hotel and make your stay in NY much better and unforgetable in a good way.