Good location, fresh and new
Booked the hotel when it was Hotel Lola and was quite surprised that nobody contacted us to let us know it had changed hands. Not a big problem but would have been nice to know.
We were given a free room upgrade to a king suite having booked a superior queen initially. The first room we were given had faulty air-con and it was 95 degrees, but we were quickly moved to another so no issue.
Room was very large, beautifully decorated and clean. Bed was incredible - huge, comfy. Very quiet even though we had a room facing directly on to 29th and only on the second floor.
Gym in building is good, not huge and bit too warm, but a great feature which we loved.
The rooms and public areas were really well decorated and very new and clean. 
Cleaning was fine, fresh sheets and towels every day.
TV had about 15 channels and there was an iPod alarm clock/charger which was good plus free wifi. Also iron and board plus hair dryer in the room was good.
Couple of things would make this hotel excellent - having a fridge in the room, offering a greater selection of teas, herbal teas etc and also offering room service/mini bar. We also had to call 2/3 times to get more coffee for the machine in our room but not a huge drama.
The bar in the lobby was never open but why you would come to NYC and drink in the hotel bar is beyond me.
Would stay again, particularly as the location is great - one block from the 6 train and walking distance to most places.