Nice rooms, great location
I would say this is a good hotel, in between a 3-4 rating. The rooms were quite small as per usual in NYC but everything was clean and new. The location is fantastic and check in was quick and friendly. The negatives.. The rooms only have a minibar as a fridge and it has zero room to store any drinks of your own. Removing anything sets off the sensor and you will be automatically charged for it. This is not a drama generally for a few days but after 10 it's nice to have a fridge if for nothing but your milk. Fridges are available on request but for a cost of $25 which was a bit rich. Internet is also charged at $15 per day I know a lot of hotels still charge for wifi but there are so many that include it now in your room rate. The other drama we had was staying during hurricane sandy. We were lucky enough to keep power there but due to staff being unable to get in etc there was no housekeeping and tv reception was poor. This was of course to be expected, what was not to be expected was the $450 plus taxes room rate they were trying to charge per night during sandy. On all other nights the most we paid was $290 per night including tax so it seemed since most people didn't have much choice but to stay there, they were taking advantage of the bad situation. On the up side after a few phone complaints the rate was reduced to $350 incl taxes. 
They did have a bottle of champagne and strawberries in the room for us as we were honeymooning so that was a really nice touch.
I would stay here again if the room rate was right but would shop around if it wasn't.