Given that there was a recent price drop on PRICELINE EXPRESS for 4.5* hotel with amenities that highly indicated towards the Hotel Indigo Lower East Side (e.g. pool, 9/10 guest rating, gym, free wifi), I decided to try to underbid the stated price of USD 184.
Bidding strategy was successful, paying my set maximum bidding price. Very happy with the hotel and price achieved.
I used your reference PRICELINE link for the booking, thanks a lot for your help.