Just average
Given the very positive comments from the majority of the reviewers, I expected a little bit more. Sure, the hotel is OK, but nothing more than that. The main concern that I have is about the noise (a lot of it!) coming from the street - the windows let all the noise in (and my room was on the 11th floor!) which made the night quite uncomfortable. 
Other cons: 
- the complimentary breakfast was slightly disappointing - limited choice of food in an over-crowded room, and you would have to clean your table after the previous guests if you'd like to sit without waiting for an unreasonable time.
- the wifi went on and off all the time, which is annoying if you are trying to work.
The pros: 
- great location, friendly and polite staff, very nice restaurant in the lobby, great view of the Empire State Building while drinking a beer on the roof terrace.
My 2 cents: the lack of attention for details makes this hotel just OK, definitely not great. If you find a discounted rate, go for it, otherwise look somewhere else.