My partner and I stayed here from Christmas day 2013 until NYE. This place was perfect for what we were looking for - a clean, good sized room for a low price but with easy access to the New York city centre.
The hotel was a quick 15-20 min subway ride & walk from Times Square and the neighbourhood was quiet with a few shops and a nice bar next door (Dutch Kills Centraal). The hotel offers half price drinks and appetizers from 5.30-7.30 every day and their cocktails were delicious. The reception staff and maintenance guys were really kind and along with the beautiful Christmas decorations we were in a very festive mood! The best part of our stay was the fantastic view of the Manhattan skyline from our bedroom window which was on the 8th floor. Quite a nice way to wake up in the morning!
The only slight negative is the walls are fairly thin but we had pretty quiet neighbours so wasn't a problem for us. The bed and pillows were fantastic so had a really great nights sleep!