Regardless of what some people say, the elevator delay is real. it isn't all the time, but it happened a good 85% of our time there. At odd hours, even after 10pm, you have a line stretching to the front desk. There are 50 floors, three elevators of which one elevator is chronically in use by staff. The elevator is also very moody. You have to use a room key to press your floor. The elevator however, will frequently not accept your floor. But it does bring together strangers in the elevator who will help each other try to push floor buttons! You do have to strategically plan when to call Uber so you can meet the car timely.
Also, the higher the floor you stay on, the more you hear the wind noise at night. You may also have the run the a/c at night to cool the room, which makes it even noisier.
Rooms are small, what you would expect. Sink is very small if you like to hand launder. There isn't room for anything beyond a pair of socks.
I do like the location of this place very much - near Rector Street station, Trinity Church, short walk to the Battery.
The front desk is also very good. Luggage storage is free, just remember to tip.
I would stay here again, but only if I could get a room under the 4th floor.