Stayed at the Marquis weeks before Hurricane Sandy. The location is unbeatable if you are looking to be in the heart of Times Square; however, the cost could easily drive some visitors away. I was traveling with my mom and aunt, so I booked a regular 2 Double w/ Sofabed for 5 nights. Once we walked into our room, I felt at ease and reassured that the price was worth it. It was clean, more spacious than I expected, and positioned where you could see parts of Times Square. My one complaint is the room had a tendency to get fairly musty while we were out, so we'd immediately start up the A/C whenever we returned. Overall, I do not regret booking this hotel for my first time in NY as it was in a convenient location, within a couple blocks of the subway, and the building was well-maintained; however, if I were to visit NY again, I would probably book a more budget-friendly hotel outside of Times Square.
If you're a first-time visitor, do yourself a favor and ask for a map (legal-size paper) from the concierge--incredibly detailed and handy. Also, if you are a smartphone-junkie like me, you will most likely find it difficult to steadily execute tasks that require 3G/data/internet. It seems there's too many people in the Times Square vicinity who are pulling from the same towers, so everything connects/uploads/downloads at a snail's pace--reminiscent of dial-up.
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