definitely NOT what I expected...
be aware that the pictures on the hotel's website are VERY deceptive... 
the rooms are very small and the bathrooms even smaller... only one person may stand (if that)
Our room had no closet (just a bar to hang clothes on), no mini bar or fridge and just few cheapo toiletries 
Most importantly : location is good, with easy subway access, BUT the street outside is unfortunately torn up for construction and resembles a war zone. Better bring earplugs ! 
On the positive side now : we had really great breakfasts at the cute cafe downstairs (delicious pancake special and eggs, great coffee and croissants), also the free NYTimes in the lobby was nice, but that was about it...