For a bargain room in a great downtown neighborhood, it's hard to beat this cost-conscious favorite. The hotel is on a busy TriBeCa intersection and is an ideal launching pad for exploring downtown neighborhoods like Chinatown, Little Italy, and SoHo. The building dates to 1850—Abraham Lincoln slept here. In early 2014 the property started a complete refresh, transforming simple rooms into sleek, modern spaces with a grey and light blue color palette, central air, and
New York details like artistic maps on subway tiles in the bathrooms.