Small rooms, terrible service, a disaster!
I stayed at this hotel recently and it was not wonderful. I changed rooms 3 times and when I finally found what I thought was an acceptable room I stayed. Saturday night I was awakened until late from noise coming from the nightclub. I went to call downstairs and my phone next to the bed did not work. I went to use the other phone and broke my toe banging it in the dark. I checked out the next morning as I was in extreme pain and could barely walk. 
My second visit did not fare well at all. My room was not ready when I arrived. I was told if I waited I would get a better room. Surprise it was the same room as before except it stank of cigarettes. I walked downstairs and was given the option of coat closet one or two. I decided given the internet did not work in the entire hotel for more then two days and yes they had no clue when it would be working and the fact the room was a coat closet (this was a suite) I would leave (there had to be an improvement). I walked out (I think they were a bit shocked thinking I was going to swallow my pride and stay NOT! 
It is centrally located a few blocks from 5th avenue. If you are looking for a nightclub in the hotel with high end call girls this is the spot for you (yes I observed this both trips as I spent the entire day in the lobby waiting until 4:00 P.M. for this wonderful experience. 
If you are a business traveler I would go elsewhere. 
Pluses they do have a bliss spa on property. 
Minuses There is no restaurant. Food service at breakfast and lunch snacks in the lobby or bar with a limited menu. They prefer you ordering room service. No close markets to buy sodas, etc., many rooms but all small and hoping for an upgrade to the few large rooms is like winning the lottery. The few rooms that have a patio have one chair (one has two). They do not notify you of packages. They did leave my bags out in the lobby on my initial check in which disturbed me immensely.