Epic Fail
Let me start with the few positives - I liked the location because it relatively close walking to landmarks. I liked the modern design of the hotel. The bed was comfortable. That's all I've got.
Now for the negatives (and there are many): The biggest issue we've had has been financially. We prepaid for the room about 3 months before our stay. Upon arrival, they took my credit card to place a hold on it, as most hotels do. I was very surprised, however, when the next day a charge of almost a 2 night's stay showed up on my bank account. I inquired at the front desk. I was told that it's typically a $100 hold, but for some reason that computer was charging me close to $500. But I was told that it's just a pre-authorization that will come off when we check out. I guess that should have raised a red flag, but I let it go. On our second to last day there, another almost $500 charge showed up on my account, which caused my bank account to be overdrawn. This time, I asked to speak with a manager. I spoke with someone named Kathryn who was not very helpful. She couldn't give me a good reason why the computer wasn't registering that we had prepaid. Then, instead of taking care of the situation herself, she told me I would have to call my bank and explain the situation to them so they could contact her about it. A good manager would have called my bank herself. Again, she told me it was just a pre-authorization hold that would reverse when we checked out the next day. I went back up to my room to call my bank, but couldn't reach anyone since it was a Sunday. Since we were checking out the next day anyway, I decided to just let it go and wait for the charges to reverse after checking out. I did contact my bank the next day to be sure I wouldn't be charged any overdraft fees, and the rep I talked to said there is no reason why the hotel couldn't have contacted them to have the charges reversed. Now, 3 days after checking out of this hotel, ANOTHER charge of almost $800 has been charged to my account. This one, however, is not a pre-authorization - it was pulled right out of my account. I called the hotel this morning and am still waiting on a call back to get answers. I was told they would call me back after they "verified" my hotel reservation. That was 45 minutes ago. You can see how important they think their customers are.
I would expect mistakes and behavior like this from a hotel like a Days Inn, but a $260/night hotel? They should be bending over backwards to make sure I'm happy.
Other negatives: the thing I disliked about the location was that, since it is the Financial District, it was empty at night. Some may consider this a good thing because noise was reduced, but walking back to the hotel at night felt a tad unsafe. 
The walls were paper thin. I could hear people talking in the next room our first night there. It sounded like they were talking at a normal level. I could also hear their phone ringing through the wall. 
Not a huge deal, but our favorite TV station didn't have sound for the entire stay. Every other channel did.
The bathroom didn't offer much privacy because it had a sliding door instead of one that locked into place. The toilet was very loud upon flushing. 
The temperature of the room was very uncomfortable. I set the thermostat at 65 because it was so hot in our room, but I never really felt the room cool down. I would sweat through the night and have trouble sleeping. I've never had this problem sleeping at any other hotel.
I did not complain about the TV station not working or the temperature in the room while we were there. If I had, they may have been fixed for us, who knows. And if those had been our only issues, I would not have felt the need to come here and air our grievances. But the continuing financial issues we've had with this hotel just make me realize how poor everything else turned out to be for the price point of this hotel.