I took my teenage daughter to nyc for a visit, and was a bit concerned about safety, but this is the place to stay if you want a hotel within walking distance of theatres, restaurants and shopping. It's just a few minutes from Broadway, and if you plan on using the hop on/off bus, you can purchase tickets around the corner at gray line, very convenient. I felt very comfortable in this area and really had no safety concerns. The Belvedere is a lovely hotel with a great staff, very efficient and friendly. I would definitely stay there again.
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