STAY AWAY!
I ended up in this room thanks to a bidding hotel site. It was so horrible that I am afraid to use Central Park South as a parameter again for fear of being stuck in this awful hotel.
I stay in NYC several times a year and since I use bidding sites I am often in boutique hotels, so I am accustomed to small rooms.
However this place was ridiculous. The room was so small that at 5'4" my knees were hitting the wall when I used the bathroom. The room was so dark that even with every light on, it was still like a cave. The bed was ok but the 'nightstands' and 'desk' was a total joke.
The blanket on the bed was grotty and had clearly seen better days. The worst part was the noise from the bar. I called the front desk several times and asked to be moved, and was told that the hotel was sold out despite their OWN WEBSITE showing availability. 
This was truly disappointing, which was a pity since it was in a decent location. But based on the insanely small rooms and bathroom, noise and horrible customer service, I would actively tell people to not stay in the hotel.
Also, 1/2 the elevators did not work, during the stay.