We waited too long to make a hotel reservation for New Year's Eve, and the only hotel that we could find was Hotel MOCA NYC. We were hesitant to book it because the rating was so low, but we figured it was just for one night.
To our happy surprise, the hotel was very acceptable; clean, plenty of hot water, thermostat controllable from the room, and everything in good repair. The #1 subway was just a five minute walk away. It wasn't fancy, but it was sufficient for our purposes.