Yes, that describes the Hotel Monaco! I stayed there one night with my girlfriend and found that this hotel was a former office building and it just opened in October. So yes, it's new and very clean (and being 'dog-friendly' the 'clean' part was a concern...just hoping it stays that way!)
The room was neat as a pin, warm and cozy. I stayed on the 9th floor and it was very quiet.
I do not understand some other reviewers' concerns here about the 'half-door' shower: Very little water splashed onto the bathroom floor--no issues there.
There are some kinks that they need to work out; mainly some of the service in the Red Owl Tavern but this hotel should be a great choice for anyone visiting the Independence Hall historical area (it's right across the street from the hotel!) or folks wishing to explore the city. Definitely consider it--I know I will be back again!
Parking tip: The hotel offers valet parking service at $40 per night per car and there is in and out access. One option (if you plan to leave your car and walk most places) is to park in the garage lot in the Bourse building--it's right next to the Ritz movie theater and around the corner--a two-minute walk: It recently cost me $25.00 to park on a Saturday at 3pm leaving Sunday at 11:15am.