We ended up staying at this hotel while travelling around the USA.
The price was excellent and the location could not be better. Yes the rooms are small but you do not spend much time in them at all when you are in this city. At least the rooms are quiet and comfortable, the views are not great but if you want to see the city then go outside and go up the Empire State.
The staff were always around cleaning the rooms, saying goodmorning/ goodevening and the front desk were polite and organised, they were always happy to give you help with wifi connection etc. They even booked our return transfer back to the airport for us.
There is no bar or restaurant on site but you only have to walk to the end of the block and you are surrounded by choice.
Location is the best bit, in the morning we would walk to the cafe on the corner get breakfast, then go sit in Central Park. We were very lucky with weather and Central Park is beautiful. It was around $8 to get a taxi down to Times Square, $10 to Bloomingdales or the Empire State.
I would definitely stay at this hotel again when visiting NYC.
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