Great Staff, Great Price, Great Location
One of the best priced New York hotels you can find. The location is great - close to gramercy park and union square; lots of bars in walking distance. Hotel staff is EXCELLENT (Matt especially) - great suggestions and takes the time to point out some truly local gems. 
Lobby is trendy and fun. We stayed in the second to lowest price room and room size was fine - standard for new york (small on a national scale but definately not small on the NY scale), bigger than average bathroom. Great double head shower and the rooftop lounge is nice - bring a snack/drinks and lounge out for some private breathtaking views of the city. Only complaint is that the elevator is absurdly slow. 
Overall, it's a yes. I would definately stay there again.