Good value, good location, but bring earplugs... the walls are paper thin!
The front desk is friendly and helpful; the place was in a good location in the middle of China Town and within walking distance of subways and tasty restaurants, not to mention SoHo and Little Italy, But while we stayed, people were loud at night and not at all courteous to other guests. We only used our hotel for sleeping and showering, as we were out most of the day and into the night. Basically, you get what you pay for. It was a decent place, not a five star hotel.