If you are looking to stay in Time Square with teens or kids, consider this hotel. Our room was a standard hotel size, not the tiny size you hear of in NYC. If you request a room with 2 beds, you will get queen size, not full. It is extremely quiet. I could not hear Time Square noise at all. I booked a standard AAA rate and requested a high floor. I was given a room on the 30th floor and could see the Empire State Building. All in all, I have no complaints.
I would recommend this hotel for business travelers as well.