Brilliant location, helpful staff and beautifully renovated rooms! We really enjoyed our stay.
My brother and I stayed at the Milford for 3 nights from August 27th to August 30th. This was my second time in the city and my brother's first, we booked the Milford due the the price and the location, both of which were brilliant! 
The location is amazing! You're a 3 minute walk from Times Square, surrounded by shops and restaurants that open all hours, seconds from many theatres and 2 blocks away from a subway station! For the price, you're not going to get much better! 
We arrived just after 4 on Monday afternoon, there were 4 people of the front desk, but check in was still a slow process, we had to wait around 20 minutes before we were seen to, but once we got to the desk, the staff were very friendly and helpful, even asking us what we planned to see and giving us a map with those locations marked on it. On booked we'd asked for a room with a view if possible, on check in we were asked if we'd like a high floor or a low floor with a view. I went with the low floor and I'm so glad I did. We were given a corner room on the third floor (which I believe was a disabled room), it was really spacious, huge by New York standards, with 2 twins beds, a large bathroom/wet room and view of 8th Avenue. Although it was a low floor, there wasn't much noise from the street, which was great and the beds were super comfortable! Our room had a laptop safe and plenty of storage, it was really clean and the maids did a brilliant job of keeping it that way. 
My only criticisms would be that you have to pay for wifi - $14.95 per day is steep! I think hotels should offer free wifi in this day and age, but that's just me... Also, the air con was a little loud, however, this didn't bother us much as we're pretty heavy sleepers, but I can see why it would be annoying. The fact that they only hold luggage to 10pm on the day of check out was a bit annoying too, but I guess that works for most people. Aside of those *minor* details we had a wonderful stay and would definitely recommend it to others and come back again ourselves! I think people need to keep in mind that the hotel is undergoing a huge overhaul and look to the positives! The Milford are doing a great job and I for one look forward to visiting again when the renovations are complete! 
Steph.