I enjoyed my 3-night stay but take it in light of the hotel location, 4 mins walk from my destination, and the fact that I had no time to enjoy NYC on this trip. The rooms are as comfortable as you'd expect but the big treat, I think, is having the unobstructed view of the harbour and enough quiet that you can open the window at night. Hotel services and food are good. This is a great place to stay for a change of pace in NYC - nice walking path along the river and a surprisingly mellow atmosphere in the Battery Park/Gateway Plaza "neighborhood". The hotel is more than a walk from anywhere in Manhattan, Wall Street excepted, and you'd probably end up taking a taxi everywhere you need to go. The tradeoff for being more in the middle of things, entertainment-wise, is the view and relaxed neighborhood.
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