Pros:
Comfortable bed, clean room, WiFi internet was fast, front desk guard was helpful and poilte, and there is a washer/dryer where I could do laundry for the week.
Cons:
The overall neighborhood is great (La Condesa is beautiful and green with a very large park at its center), but the hotel's specific location is not.
The noise from the street outside is extremely loud. I made the mistake of staying here during the week of Dia de los Muertos, and there were literally hundreds of kids cruising up and down the block on their motorcycles, from around 9pm to midnight or later, revving their engines and honking their horns.
Even with the ear plugs that the hotel provides, the noise disrupted my sleep schedule (and therefore my work schedule) for the whole week.
Also, the hot water took a long time to come on, and it wasn't even that hot when it eventually appeared.