Located on the far eastern outskirts of Chelsea (more reasonably, the Flatiron District), this Wyndham is a fair pick, for the price. Its 124 guest rooms are on the small side, but nonetheless comfortable. The hotel lacks an on-site restaurant or fitness center, but it's only one block from the locally loved Madison Square Park and its surrounding subway stations, shops, and restaurants. Ace Hotel NY is just a few blocks to the north, but worlds away in terms of style and on-site amenities offered.