By NYC standards, Hotel Chandler is a good value. I booked online a month in advance and paid about $290 a night for a Deluxe Room. It was small (the norm in New York) but really stylish and the WiFi was free. The bed was really comfortable with silky sheets and I loved the rain shower in the bathroom.
There's also a small gym and a library which is a quiet place to work in case you don't want to work in your room.
The location is perfect too - it's between Madison and 5th Avenue.