We did this trade back in 2001. At that time the only NYC options were The Plaza and this. Shelburne Murray Hill used fewer points so we went with it. We were happy with the location and the accommodations. We were there over St. Patrick's Day weekend. We were near Macy's and a short walk to Fifth Ave for the parade. Our room had a kitchen area, living room with a pull out couch and separate sleeping quarters. This was great to use as a meeting place for other family who came in for the parade. My BIL ending up sleeping on the couch and we still had privacy in the bedroom. I think the point structure has changed since then, but we found it a good value.