For the last 10 years or so, Manhattan User's Guide has taken a dim view of the New York hotels that have been charging greedy, unconscionable room rates. Hotels that should be in the $200-$300 category by any rational measure were demanding $400 or $500. Just because they could get it for a time didn't mean that those rooms were worth that much. Now those same hotels are going begging and we're not remotely sympathetic. We'd rather highlight the properties that emphasize value in good times and bad. Note that not every room in each of the hotels reviewed is under $200 at all times of the year. You may need to do a little work in some cases to keep the price down. You can do it.