Location location location and that's it!
This is probably the worst hotel I have ever stayed in for amenities and standards however the location does make up for it somewhat.
We stayed on the 8th floor, in the room was a very comfortable bed, small cupboard with 3 hangers, large marble topped desk (no chair) 2 old mirrors and a small shower room that suffered with mould / damp. The radiator only half worked and had been painted over so many times was as useful as a chocolate tea cup. This was November, Hurricane Sandy had just been and we were in the middle of a bad NE so we needed warmth in the snow.
Location, It is right on Times Sq really close to Hard Rock Cafe (about 50 yards max) and the subway network.
If your going to get nuts'd in a local bar want a short stagger home and not care where you sleep, this is great, anything else then look else where.