Firstly - great area! Close to the subway, but you also have great sights within walking distance.
Now to the hotel... The room was spacious, but really worn and old. The towels and linens were way past the stage of white. Greyish/brownish spots all over. We noticed the first morning that there was no hot water. When talking to the receptionist, he really didn't care. Just mentioned something about the gas being shut off, and that he'd give us a 10% discount on our stay. The hot water was gone for our ENTIRE STAY! (September 23rd-26th 2015). Luckily, we had somewhere else to shower, but I really don't think hot water is too much to ask for.
Now for the worst part. On the last night, I noticed a few bugs near my bed. I really didn't think much about it, thinking they were just regular bugs. I've been home for five days, and I woke up this morning full of insect bites. After getting a specialist in, he could confirm that I have bed bugs!
Worst hotel stay ever - DON'T BOOK A ROOM HERE!