Good location but that's about it!
Stayed here for 4 nights a couple of weeks ago. 
Location: Excellent. Centrally located on 7th Ave so it's 3 blocks to Times Square and 2 blocks to Central Park. Subway is just around the corner.
Check-in - The Check-in Staff couldn't crack a smile. Instead of saying something more "welcoming" to their Guest, it was the word 'Hi'. We booked and paid a higher price for a Deluxe 2 Q/B room for 3 guests but our friend didn't join us so when we told them there would be only 2 staying, she switched our room to a Deluxe 1 Queen Bed without even asking us and simply handed us the keys to our room. We only found out when we got to our room but were too tired to make a fuss of it.
Room - This is an old hotel. The room decor is old and well overdue for a makeover. The most annoying thing was that the room doors are closed with a big bang so it can be disturbing if you're trying to sleep. Tiny bathroom.