Hotel on a VERY busy NYC street!
We (2 adults, a 2yo, a 4yo) enjoyed this hotel. It really is in a great location, right on Canal St. The subway is a couple blocks away in any direction.
Pros: Friendly staff, clean hotel, amazing location.
Cons: LOUD (obviously, it's NYC) but we were on the 20th floor and it still sounded like we were outside, small and awkward hotel lobby (there is a huge pole in the middle of the lobby and the cafe area makes it awkward to walk to the elevators without bumping into someone), the person checking us in said they gave us an amazing room even though it was only one bed. I'm not sure what was amazing about it. Maybe the view of the apartment building next door?! Also, please note: when they say the valet will take 45 minutes to get your car...THEY AREN'T LYING!!
In conclusion, we would probably stay here again mostly for the location. Close to the Financial District, Chinatown, Little Italy, West Village, and easily accessible by subway. It's also a couple blocks from the Holland Tunnel and West Side Highway for easy access in and out of the city.