Adequate.
I was excited when i booked this hotel, judging by the pictures, it looked like we had booked a massive suite. However, when we arrived we found the bedroom to be so small there was hardly any room to walk around the bed and the separate living area was also short on space. The decor also seemed dated and not worth the massive amount of money we spent to stay there.
It literally is right in the heart of times square, if crowds bother you do not stay here, its quite a mission to try and get to the entrance of the hotel. 
Check in was speedy and the staff were pleasant, informing us that we had arrived on "gang initiation night" and what areas to avoid. The staff at the little cafe/bar are a different story. We were given a $5 voucher each to use at the cafe/bar, however they would only let one of us use the voucher saying that we could only use one per day. This was no where on the terms and conditions on the voucher. I asked for an extra strong latte, so they made up one latte, then a separate espresso and tried to charge me for both. I asked for an apricot danish and they gave me plum (????), perhaps they don't have a firm grasp on the English language.
We were also harassed into trying to attend a time share seminar, despite telling staff several times we were not interested.
Of course staying in times square, it does get quite noisy, lot of sirens and shouting in the street. We were also placed in the room directly next to the elevators but i didn't hear them so much at night over the sirens.
I would not stay near times square again. Its incredibly expensive and dirty, there is garbage all over the streets, and I'm sure there are nicer places just outside times square that would be more economical, cleaner and quiet.