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Any info about the Broadway Hotel

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I'm a total novice about NYC. Hotels are really expensive. I saw a place on Price Line, called the Broadway Hotel. It's at 230 West 101 St. It's in Manhattan , sort of northwest of Central Park. It said prices starting at $105.
That seems too good! I read several reviews, they were so so. Most emphasized that it was a "hostel"n not a hotel. Not sure what the difference is? Appreciate any info. I'm very concerned about being in a safe area.

Why is lodging so expensive in NY? Supply and demand? So many people in such a small area? I just went on-line and booked a room in Atlanta for tomorrow at a 3-star Holiday Inn for $54 tax included and of course parking isn't an issue.

New Yorkers probably wonder why us people from "flyover -country" are so concerned about safety? Atlanta is probably at least as dangerous as NY. Down here , we can provide our own security.

Appreciate any info or advice about NY. Have any question about the "south" maybe I can help.

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