Great Midtown location with easy walking access to 2 key subway stations, and a quick jaunt to Central Park, Times Square, and the theatre district.
The hotel itself is... ok.
Rooms are clean and modern, but this is the noisiest hotel I've ever stayed in. Sound transfer from the hallway and adjoining rooms was ridiculous. I was an unwilling participant in a neighboring guest's conference call, clearly hearing both him, and all other parties.
Street noise was significant - though not a hotel issue.
You're paying for the location - if that's all you need/want, you'll be satisfied. If you want to sleep, bring your own white noise/earplugs, or look elsewhere