Good location, but can be modernised
We spent three nights at the hotel. Overall, the location is great. You are few minutes walk away from Times square, Macy's and other major tourist attractions. 
The rooms could be better particularly the toilets. The sink was clogged and they are marks and scratches inside the toilet- the paint has come out- so looks a bit unpleasant. 
They have a gym in the basement- reasonably well equipped but having showers around the area would be great. 
Nevertheless, overall experience is positive and the location is very central.