Great hotel - Very central
Stayed here for 4 nights at the start of March. Hotel is very central... only a few blocks from Hearld Square & Times Square. 
Rooms were a little smaller than I had hoped for but were adequate. The common areas need some refurbishing but that is the only fault I could give regarding the accommodation areas.
There is a small bar attached to the hotel. The music played in there is far louder than it needs to be. Ate in the restaurant on one evening also... it was nice but with the price that they charge, you may as well eat somewhere else in NYC! 
I will stay here again.