My wife and I met another couple for a long weekend at the end of Jan. The location was great situated walking a couple of blocks from Times Square and just a short walk to Grand Central Station, Bryant Park, and plenty of great restaurants. For $199 we got comp cocktails and full breakfast, a cozy but fresh and functional room with a comfortable bed. The lobby is quaint and blends well with the restaurant and the connected Blue Bar. The staff was friendly and accommodating - they were sold out but managed to put us on the same floor with our friends. I had been considering the Iroquois located next door, and after strolling through their lobby, I'm sure the Algonquin was the right place for us. We've also stayed at Casa Blanca which is comparable with respect to accommodations. CB is 100' from Times Square, Algonquin is two blocks away, but with a better amenities and a shorter walk to Grand Central. Highly recommended.