Location - excellent, in the hart of Midtown, 3rd Ave and 47th St is busy at night, big police presence, feels safe to return at night to the hotel.
Room - similar to prison cell in size, but adequate to spend a night. Big problem with noise, window has an air conditioning unit stuck in it. Most of the rooms have windows facing other wing of the hotel with 10 floors of windows with noisy A/C units. Noise is amplified by the building well. Door locks are noisy too. It is impossible to close the door without slamming it. When your neighbors are using the door at night (to go to the bathroom, which is NOT in the room) You will be noisily notified about it.
Bed mattress has a consistency of a concrete slab but I found no bed lice or cockroaches.
Conclusion - good value for the money.