Decent stay for the price on a holiday weekend. I felt it was clean, and quiet enough, given the layout (yes, the ceilings are open, so you get doors closing a little too loudly, but I didn't hear much noise other than that). The first morning I was there, the cleaning crew was there and pretty loud (before 10 AM), but I didn't encounter them after that.
Good location for links throughout NYC, even if the neighborhood is a little rough (it is on Bowery).