This is the perfect place to stay if you want to be in Midtown. It's close to so much from Times Square and Rockefeller to the Port Authority and main subway stations to get into town and move up and down the island.
You literally won't find a place for a better price. Everywhere else has exorbitant additional fees, while Taz is pretty upfront with the cost. It's no frills, but you're in NYC so you're not looking to chill in a room/apt right?