If you're thinking of coming here, I think the decision's pretty simple: make sure you know what you want out of a holiday and it's pretty clear which criteria this hotel fulfils and which ones it doesn't!
If you're looking for a good location and view your room as just a place to rest at the end of the day and leave your stuff while you go wandering round, this hotel's spot on. On the other hand, if you see your hotel as a big part of the holiday experience, and want amenities beyond the basics, it isn't!
The room was clean and had a TV, ensuite bathroom and good aircon (fortunately, as the NY record temperature was set while we were there!) The staff were very friendly too, and there was complimentary wifi.
It's on Canal Street, which is a bustling street in Chinatown, so in the midst of the street sellers and "genuine" Chanel handbag stalls. Therefore, if you want a quiet or upmarket location, this isn't it. (Looking on Google Streetview gives you a good idea of all the hustle and bustle.) Having said that, the location's terrific: one of the Canal Street Metro stops is right outside the hotel, and the other is only a couple of blocks away so you've got a number of the metro lines right outside your door! The sound-proofing is very good, so the noise on the street isn't a problem.
Having said that, the room was quite small (one bed for the three of us, although it was a big 'un!) It's a basic hotel. No real facilities as such, but it's cheap and in a great spot if you want to be in the middle of the action. No breakfast that we were aware of, but there's a great deli just round the corner on Broadway (called Jubilee Marketplace) that had a really good range of food.
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