Very Dirty and Run Down but good location
We booked 9 nights here and checked out after 1. I have visited 36 countries and stayed in plenty of hotels and backpackers along the way. Our double room had a broken window that had electrical tap holding the glass together, there was mould all through the shower, and door frames, tiles broken in the bathroom area and shower. The smell of the room was terrible and all the hall ways smelt of cigarette smoke (and I'm a smoker) and couldn't stand it. The bed was very uncomfortable and had a bad nights sleep. You also have to pay for the wireless access as well. 
 On the up side it's a great location in Times Square although it's located right next to a "gentelmans club" the staff that I dealt with on check in we're very friendly.
Overall New York is expensive for accommodation and you get what you pay for !!! We have moved 3 streets up still great location but paying double the price but at least you don't have to wear shoes in your room full times because you don't want your feet to get some infection from the carpet.