Found this in the Huffington Post and thought it might be useful to some.
http://www.huffingtonpost.com/tom-meyers/cheap-sleep-manhattan_b_2212286.html#slide=more266887
Inexpensive (cheap) Manhattan Hotels
Recent Activity
View all United States activity »
- 1 San Francisco Pacific Heights
- 2 What bugs you the most about flying? 2013 Pet Peeves Survey
- 3
Updates from Hanalei
- 4 Can you help me complete my itinerary?
- 5 Hi from Sacramento GTG!
- 6 White Water Rafting Bachelor Party
- 7 Olympic & Rainier itinerary -- please suggest changes
- 8 Hiking Questions --Many Glacier
- 9 Asian fusion/Thai restaurant in Vegas for a celebration
- 10 Las vegas hotels--can't make up my mind, help!
- 11 One day in NYC
- 12
New York, New York...my kind of town
- 13 Maine mid-coast recommendations?
- 14 Fireworks on the Fourth of July on the Mall
- 15 Jackson Hole & Yellowstone
- 16 Trying To Find a Place
- 17 10 day Hawaii Vacations
- 18 Napa wineries for wine novices
- 19 Key West at Christmas time
- 20 Orlando Parks - Cheapest short term tickets
- 21 Chicago Architectural Tours
- 22 Columbus food !
- 23 A trip to east coast vs a trip to Hawaii
- 24 Holiday Parade/Pearl Harbor Day Parade Questions
- 25 Grand Rapids to Traverse City - Where to stop?



Looks similar to the list that was in the NY Times a few months ago. Some are places Fodorites have used and recommended (Larchmont, The Jane). One thing to keep in mind is that the low rates listed are typically for the times of the year that all hotels in NYC are cheaper, like January and February. You can get higher rated hotels on Priceline and sometimes Travelzoo for those prices at odd times of the year, and surely no legitimate hotel in NYC has rates of $100 per night right now.
On a different note but also good for traveleres to NYC to know, here's a story about AirBNB and NYC, addressing the common comment that surely the listings they see must be legal and legit if they are listed on that website,
http://www.nytimes.com/2012/12/01/your-money/a-warning-for-airbnb-hosts-who-may-be-breaking-the-law.html?_r=0
The short answer is no, they are not, and the reporter who likes the idea of AirBNB is taking the stance that the company is irresponsible by not telling people (including the people who rent out their space) of the possible consequences.
Agree that Air BnB should definitely tell anyone considering rentals in NYC that they are most likely illegal. Should also tell anyone putting listings there about the problems they - or their landlords can get into.
This is something that the city has been cracking down on - and there is an increasing potential for both travelers and those subletting part of their apartments how much of a problem this can be.
Never mind the out and out scams.