It's good value in a decent proximity of Times Square
It's a quite good hotel on the corner of 9th Ave and 39St, especially if you consider the price and breakfast on the house. It's ok for short stays or Broadway shows overnights. Keep in mind that rooms are tiny and I mean it. Subway is in a walking distance, but if it's raining or snowing, the street stretches and stretches ;-) There are often bus tourists in the hotel, so breakfast room can get crowded at peak. Overall it is fair value, but over a week stay would be overkill.
Tip:Avoid at any cost floors with the ice and vending machines - there are 6 rooms on each floor and the machines are awfully loud.