Good value and great housekeeping service
We stayed there for two nights before our New England cruise in late Sep. The hotel is located on a street next to the Port Authority bus terminal; though the street itself is not very scenic, we never felt unsafe even walking by the seedy DVD shop and the probation center on the way to Time Square (which is about 2 to 3 blocks away). There is a rooftop bar at the hotel, so you might see a line of people at night waiting outside to get through security (the bar has its own line/entrance and a separate elevator during its hours).
The lobby is trendy or tacky depending on your taste. Breakfast was standard fair and can get very crowded (probably because of the 9am ending time). Staff was friendly and helpful. Our room was not huge, but fairly spacious for Time Square area (our previous Time Square hotel room had sufficient floor space for our our luggage and not much else). Free wifi was definitely a plus.
I do have to mention the excellent service I received for items I left. I left a jacket and a belt in the closet and didn't realize it until the cruise ship was about to leave Brooklyn. I called the hotel housekeeping, and they knew the items I mentioned immediately. I asked them to keep the items and I would swing by when I returned to NYC from my cruise to pick them up. A week later, as I returned to NYC, I called and again the housekeeping staff remembered my stuff. I asked them to bring it to the front desk as I was just swing by the hotel via a cab. I arrived, jumped out of the cab, went to the front desk, and they handed me my stuff as soon as I inquired, and I jumped back into my cab in less than a minute.
This is a solid hotel that offers good value with close access to Time Square. I would stay there again if I was to stay in Manhattan and wanted to be near Time Square.