If you're seeing any shows on Broadway, this is a great location. I was on the 9th floor--which is the first floor with rooms--and while it was definitely noisy in the evenings, the heavy drapes took care of most of it when I went to sleep. Staff was friendly and helpful.
I didn't have a coffee maker and found that to be an inconvenience. The wall paper is peeling back and generally the room was a pretty worn, but the linens were clean and the beds were comfortable and water was hot with good pressure.
The layout--taking one of two elevators (one of them didn't work for most of the time I was there) up to the reception area, then across to another set of elevators to the rooms--was a bit of a trek, but not terrible and the height of the hotel provided decent views of the area.