Great location, walking distance to Columbus Circle, Central Park and Times Square. Subway is just one block away. If you're a tourist and doing things til late night, you can easily go back to the room.
There's also plenty of 24hr food in the neighborhood.
The internet is fast & reliable.
The plumbing is old, so getting the water to stay at the temperature you want can be a bit tricky. But it's a minor issue.