This is quite a decent little hotel room 2 blocks north of Union Square, very conveniently located. It's not super fancy but for business travelers it definitely meets the need. The staff is very helpful and available 24 hours. I would stay there again.
Just keep in mind "studio" in this case is more like a hotel room - there's a small fridge, microwave and some utensils but no kitchen, just bedroom / closet / bathroom.