Nice Hotel, Good Location, No Complaints
We booked through Hotwire, so we didn't know where we were staying until after we paid, but honestly have no complaints. 
The hotel is near enough to Times Square that we could walk to and from the theatre (Newsies was AWESOME), but far enough that it's quiet and safe. We walked to the High Line, too, but ended up cabbing back from SoHo. 
The hotel is clean, comfortable and basically everything one would expect from a hotel. We actually wanted to spend more time in the room, as the bed was so soft, but had to get up early to catch our bus.
No complaints!