I've stayed with Carlos on at least ten occasions over the past three years. You can't beat the price. And if you're a late-nighter like me, you can't beat the location. Just a short walk to all the nightlife of the East Village and Lower East Side. Cons? Over the years, I'm noticing that the paint is starting to flake. The sinks are starting to drip. And the amenities aren't there anymore (no special soaps, etc). But even as other hotels continue to raise their prices, Carlos keeps his the same. A steal!!!