Park Terrace Hotel
Rated Fabulous by our guests
Price History and Trends for August 2026
Park Terrace Hotel Price Forecast & Booking Trends
Analyze the best time to book Park Terrace Hotel in in New York based on 12-month price forecast
Price Insights for Park Terrace Hotel
- Lowest Price Period: Lowest-price windows are in Jan–Feb 2027 (especially 2027-01-24 and 2027-01-31, where the low was $260). Other consistently cheap windows: late January/early February and pockets of late July–early August and late November.
- Potential Savings: You can save a lot by shifting dates. The absolute lowest observed was $260 vs the highest $1,134 (Dec 8–9) — a potential saving of $874 (~77%) if you can avoid those peak dates. Versus the estimated period average (~$510), booking in the low-season (Jan–Feb) typically saves ~40–50%.
- Average Rate: Estimated average nightly rate across the provided period: about $500–$520.
- Booking Tip: Target midweek stays in Jan–Feb (flexible ±3 days). Set price alerts and compare refundable vs pre-paid offers (pre-paid is often cheaper). Avoid event/holiday weekends (early December, mid-September, late October) or book those 2–3+ months ahead. Use flexible-date search to capture the low midweek nights and consider 2–4 night stays that start on cheaper weekdays.
Guest Reviews
Guest Tips & Highlights
We loved this hotel so much. Staff was so nice, especially Miguel!! The hotel is so modern, the location is perfect and central to everything. We know Manhattan pretty well but didn't realize until staying at this hotel how easy it is to catch a subway to all parts of town from here including the west side, lower east side, soho, Brooklyn and queens and the airports. Whole Foods is a few minutes away for a quick snack. You have access to the private club Branch that is absolutely fabulous. Great breakfast inside or on the patio with views of Manhattan. The patio is heated so you can grab tea or a glass of wine in the evenings. This may be our go to hotel every time we come back to our former home
Great location. Friendly staff , clean and modern
Top Attractions Near Park Terrace Hotel
Park Terrace Hotel sits directly by Bryant Park in Midtown Manhattan, placing guests within easy walking distance of Times Square, Rockefeller Center, Fifth Avenue shopping, Grand Central Terminal and many Broadway theaters. The location makes it simple to explore top museums, major sights and excellent dining options; multiple subway lines nearby provide quick access to downtown neighborhoods, Brooklyn and borough airports.
Bryant Park
A beautifully landscaped midtown green space directly across from the hotel with seasonal activities (ice rink in winter, outdoor movies and events in summer), a reading room and many cafes.
Times Square & Broadway Theaters
Iconic crossroads of Midtown with bright billboards, major Broadway theaters and countless shops and restaurants. Great for evening entertainment and people-watching.
Rockefeller Center & Top of the Rock
Historic complex featuring shops, restaurants, Radio City Music Hall and the Top of the Rock observation deck with panoramic Manhattan views.
Museum of Modern Art (MoMA)
One of the world’s leading modern art museums, home to an outstanding collection of paintings, sculpture and design.
Grand Central Terminal
Landmark transportation hub with stunning architecture, dining concourse and easy subway and regional rail connections.
Fifth Avenue Shopping
World-famous shopping corridor featuring flagship stores, luxury brands and department stores like Saks Fifth Avenue.
Empire State Building
Historic skyscraper with observation decks offering sweeping views of the city skyline.
High Line & Chelsea Market
Popular elevated park running through Chelsea with art installations and gardens; Chelsea Market offers food stalls and shopping a short walk away.
Optimal Sightseeing Itinerary from Park Terrace Hotel
Make the most of your stay at Park Terrace Hotel with this convenient itinerary that covers the best attractions in in New York:
- Day 1 — Midtown & Bryant Park: Settle in and explore Bryant Park, Fifth Avenue, and the shops. Afternoon visit to MoMA, dinner near Rockefeller Center, and evening show on Broadway.
- Day 2 — Iconic Views & Landmarks: Morning visit to Top of the Rock, stroll to the Empire State Building, explore Koreatown for lunch, and an evening walk through Times Square.
- Day 3 — Museums & Central Park: Take the subway to the Metropolitan Museum of Art or the American Museum of Natural History, enjoy a picnic or carriage walk in Central Park, and dinner on the Upper West/Upper East Side.
- Day 4 — Downtown Manhattan & Brooklyn: Head downtown to the 9/11 Memorial & Museum, walk through Wall Street and Battery Park, then cross the Brooklyn Bridge to DUMBO for skyline views and riverside dining.
- Day 5 — Neighborhoods & Markets: Explore Chelsea Market and the High Line, visit Greenwich Village and SoHo for boutique shopping and cafés, then return to Midtown for a farewell dinner and rooftop or patio views.
Why Park Terrace Hotel Is Perfect for Exploring in New York
New York City offers unmatched cultural diversity, world-class museums, theater, dining and iconic landmarks. Park Terrace Hotel’s location by Bryant Park places you in the heart of Midtown with quick walking access to shopping, theaters and transit links. The hotel’s modern rooms, friendly staff, handy floor amenities (ice/water machines and guest-request closets), private club access and a heated patio with Manhattan views make it an excellent base for both first-time visitors and repeat travelers who want convenience without sacrificing comfort.
Location
Park Terrace Hotel
18 West 40th Street
Amenities & Services
Property Highlights
Best Time to Visit in New York
Seasonal guide to help you plan the perfect trip to in New York
Best Time to Visit
Fall
High Season
September–November and late December (holidays).
Value Season
January–February (after New Year’s) for lower hotel rates and fewer crowds, except around major events or holidays.
Spring
March–May: temperatures moderate from cool to pleasantly warm; cherry blossoms and early blooms appear in April–May; occasional rain showers in March–April.
Advantages
- Parks and waterfronts come alive (Central Park, Brooklyn Botanic Garden).
- Fewer summer tourists than June–August; good shoulder-season hotel deals early in the season.
- Many cultural events and museum exhibitions reopen after winter schedules.
Considerations
- Unpredictable weather — pack layers and a light rain jacket.
- Spring break weeks and Easter weekend can drive localized crowding and rate increases.
- April can still be chilly at night, especially near the water.
Key Events in in New York
New Year's Eve in Times Square
Ball drop at midnight with live performances and enormous crowds., Street closures and heavy security — plan arrival and exit carefully., Televised globally — consider nearby bars or a rooftop for a more comfortable experience (book months ahead).The iconic ball drop on December 31 attracts huge crowds and extensive security measures; surrounding Midtown hotels and services spike in price.
Macy's Thanksgiving Day Parade
Parade route along Central Park West and 6th Avenue., Family-friendly event and great photo opportunities., Plan for cold weather in late November and crowded sidewalks.Annual parade on Thanksgiving morning (late November) with giant balloons, floats, marching bands, and celebrity performers; heavy local and visitor attendance.
TCS New York City Marathon
Race route showcases all five boroughs — expect major street closures., High hotel demand in the city and nearby suburbs; book far in advance if attending., Lively spectator atmosphere and neighborhood watch parties.One of the world’s largest marathons held in early November, drawing thousands of runners and spectators across all five boroughs.
Pride March and NYC Pride
Colorful parade, parties, and cultural events., Street fairs, concerts, and strong community presence., Book nightlife and dining reservations early for Pride weekend.A large, celebratory LGBTQ+ parade and festival in late June, featuring a variety of events across Manhattan and neighborhoods like Chelsea and Greenwich Village.
US Open (Tennis)
High-profile matches and evening sessions with big-name players., Traffic and transit crowding to and from Flushing/USTA campus., Restaurants and hotels in Queens see increased demand.Major tennis tournament in late August–early September at Flushing Meadows, Queens; draws international visitors and celebrities.
Tribeca Film Festival
Film premieres, celebrity appearances, and panel discussions., Street closures and special screenings across theaters., Great opportunity to catch independent films and industry events.Spring film festival (April) with premieres, panels, and street events centered in Lower Manhattan.
NYC Fashion Week
Runway shows, pop-ups, and parties in Manhattan., Increased demand for hotels and restaurant reservations in show neighborhoods., Street-style people-watching and off-schedule events open to the public.Biannual fashion showcases in February and September drawing industry professionals, media, and global attention.
Weather Tips
Pack layers year-round. Spring and fall are best for layering (light jacket, sweater, breathable base). Summers can be hot and humid — bring lightweight clothing, sunscreen, and a reusable water bottle; use air-conditioned interiors to cool down. Winters are cold and windy with potential snow; bring a warm coat, waterproof boots, hat, gloves, and consider thermal layers. Check weather the day before travel for flash storms in summer or winter storms and advisories in winter. Comfortable walking shoes are essential year-round.
Understanding in New York Prices
New York City hotel prices fluctuate with tourism seasons, major events, and weekdays vs. weekends. Peak demand occurs in late spring and fall (especially September–November) and around major holidays (late December). Business travel raises midweek rates in Manhattan. Major events — the UN General Assembly (September), Fashion Week (Feb and Sept), the NYC Marathon (November), Pride (June), and large conventions — drive spikes in specific neighborhoods. Budget travelers should consider staying in boroughs outside Manhattan (Brooklyn, Queens, Jersey City/Hoboken) or using neighborhood hotels and short-term rentals, and book 6–12 weeks in advance for typical travel and several months ahead for high-demand events. Use flexible-dates searches, hotel-price alerts, and consider weekday vs. weekend trade-offs (weekends can be cheaper in business-heavy hotels).
Essential Travel Tips for in New York United States
Insider advice to help you make the most of your visit
Transportation
Public transit (subway and buses), walking, taxis/rideshares, and ferries are the most efficient ways to get around. Consider proximity to subway lines when choosing accommodation.
Transportation Tips
- 1.Use OMNY contactless payment or get a MetroCard for subway and bus rides; subway runs 24/7 but night service can be slower.
- 2.Avoid rush-hour subway travel (roughly 7–10am and 4–7pm) if you prefer less crowded trains.
- 3.Walk between nearby neighborhoods — often faster than transfers on short trips.
- 4.Use ferries (Staten Island Ferry is free; NYC Ferry connects many waterfront neighborhoods) for scenic commutes.
- 5.Consider Citi Bike for short trips; check availability during peak times.
- 6.Allow extra time for taxi/rideshare pick-ups during bad weather or major events.
Pro Traveler Tip
Plan neighborhood-based itineraries (e.g., two to three neighborhoods per day) to minimize back-and-forth transit. Book must-see attractions (Statue of Liberty pedestal tickets, Broadway shows, guided museum exhibitions) in advance and aim for early morning entry to avoid crowds. Use neighborhood exploration (Greenwich Village, Williamsburg, DUMBO, Astoria) to get a more local feel and better-value dining/hotel options.
Frequently Asked Questions
Everything you need to know about your stay at Park Terrace Hotel
Still have questions?
If you couldn't find the answer to your question, please don't hesitate to contact the hotel directly. Contact Park Terrace Hotel directly to confirm reception hours and available assistance.
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