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Guests thinking to find American-Indian décor at The Iroquois Hotel will be disappointed. Instead, expect European opulence and comfort at this luxury establishment, located on a hotel-laden block in Midtown. Visitors enter an impressive marble floor lobby furnished with a distinctive grandfather clock; just off to the side is a wood-paneled study, complete with high-speed computer and printer, not to mention stacks of leather-bound classics from Dickens, Chekhov, Twain and Steinbeck. Rooms are small, yes, but come with Italian-marble bathrooms, Frette linens and bathrobes, dual-line telephones and iHome systems in each room. Begin the day with a breakfast at the famous Triomphe, then hit the fitness center and Finnish sauna before taking on the day. Or, sleep in and exercise later: the fitness center is open 24-hours. — Chris Strauss

With only 114 available rooms, the staff is able to pay extra attention to their guests, resulting in efficient service all around.

Cons
The initial list price for rooms seems a little high considering the nearby options. Keep checking the hotel website for significant discounts.