Great NYC location...very good hotel.
Got a very good deal on Hotwire ($140). Love the very central location of this hotel...step out the revolving doors, turn left and you can see the bright lights of 42nd Street just down the hill.
Absolutely nothing to complain about here. Even a seething mass of young dancers for some kind of international competition could not detract from the overall excellent experience. 
Everything you'd expect from a Sheraton, this is a very well positioned hotel that allows anyone easy access to the best of NYC. Good sized rooms, great amenities and facilities. Clean, surprisingly quiet and comfortable.
Renovations on the exterior were the only very minor issue to note but had no impact on us.