The location is fabulous if you want to be in the middle of a 24/7, noisy, hip neighborhood. It's just a few blocks from the subway, which takes you within 3 stops or so to 14th Street station.
It's not so great if you want to retreat to a place after a long day in the city. Temperature exceeded 80 degrees during the day and the A/C was not on in the building, so keeping windows open was necessary. Noise from the road and night life was constant until about 3:00 AM.