I stayed here back in April and I prefer it to the Courtyard Marriott 3 blocks down the way (where I'm typing this review). The Courtyard has the complimentary internet service and all but the Renaissance is upscale and is housed in the restored, historic Fulton Building. The lobby is very grand showcasing a beautiful staircase. The service was great. The rooms were well-appointed and ridiculously high ceilings.
I recall that we didn't want to pay $24 for valet so we did street meter parking during the day since we were going in and out. Then overnight parked across the street at a public garage for $5 or 10 overnight. Luckily, we were there when no sports games where going on, I'd have to imagine that street/garage parking may be difficult if there is a game going on with the hotel's proximity to the stadiums and restaurants/bars for pre- and post-game fare.
The best part about this location is that it's about a 7 minute walk to the Andy Warhol Museum and is in the heart of the theater district.