We opted for this even though it was slightly more than some other of this quality because of the location. In the end the value was even better because we got the upgrade of having access to the executive club and internet access for free. The club breakfast buffet was excellent with great pastries, ...
While the decor in the hallways was a little institutional feeling, the room (deluxe double) was comfortable and a decent size - especially for NYC. And the common areas were well decorated.
Pros: friendly attentive staff, room view, room price reasonable and location to public transportation, restaurants, bars. Cons: toilet made pressure noises every half hour/hour, down bedding (if you're allergic, let housekeeping know right away and they will accommodate), smell from horse carriage ...
Overall a good place to stay to be close to the park and walk-able to Times square. Pros: location, friendly & helpful staff, good rate, comfortable bed. Cons: heating/cooling system very confusing, low light levels, tub water backed up.