Sod it. If you're going to break the bank, you might as well have a laugh doing it. At around $700 a night you'll need a sense of humour. Right on top of Central Park, it is in a great location. There are nicer hotels, I'm told, but none that give you quite so many bragging rights.
One Central Park West New York; Tel: 212 299 1000; www.trumpintl.com/