Find another place to stay
I stayed in this hotel for business trip for 5 days. I wasn't expecting luxury at all, however, I was still shocked when I saw the room. It was old and smaller than a normal college dorm room! Yes, it's fairly close to Times Square. But that's all you're paying for, the location. Any other place wouldn't be able to charge even $100/day for the room, never mind the $300/day that I paid. I travel regularly so I'm very familiar with hotel standards. I had persistent Internet problem; I think I spent about 2 hours with the Tech Support (at one point they told me there was hotel-wide problem) but the guests across the hallway had connection! The worst was the heater and/or A/C. When you set the thermostat, the heater would turn on until the room temp is well above the set temperature and then the A/C would turn on until the room temp is well below the set temperature. I either woke up in the middle of the night boiling hot or freezing cold. The noise from heater/A/C didn't help either. 
Long story short... take your money elsewhere. This hotel seems counting on (foreign) tourist who aren't likely to come back.