Yeah, hotel rates in NYC are a rip off. And, yeah, hotes, on average, suck there. You'll normally end up paying a lot and getting too little in return, when it's not simply the case that the only thing you get is a ginormous headache...
This hotel, although still charging a "royal" price however not offering a "kingly" service, is actually a fair business.
Clean, organized, and with a helpful, friendly staff.
Re location, in spite of not being with the head sticked in Times Square (so, if you do the maniac-tourist-in-NYC style, go look for an overlriced piece of junk around 42nd and 7th Av), the place stays in a right, easily walkable distance from the Big Aaple anthill, about 3 blocks from the subway station (Lines 4/5/6, which take you pretty much anywhere). The proximity with Park and Mafison, let alone Lexington itself, is also pleasant. Central Park, Rockfeller Center, etc., arejust around the cornet.
There's a charming pub at the lobby, for drinks and snacks.
If you are a breakfast-addicted, remember to purchase that meal in advance or while checking in (it's not ordinarily included in the rate). In any event, there's a nice, typical, American diner on 50th btw Lexington and Madison.
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