Hi, Just my .02 cents... I have bid numerous times over the past year for 5* NYC [using re-bids]; I have gotten as high as $275; and have yet to have any luck with the 5* bidding. I have done it from 4 weeks to around 1 week before the date. I am not certain that it is even really available, and I have been reluctant to bid above $300. Also, please understand that the only 5* ever won [i think this is correct] on priceline has been the Waldorf Towers. Now, I personally like this property a lot, and have stayed there 4 times during the past year [for rates ranging from $350 to $450] and have been very pleased with our experiences. From my research, it seems to be a bit less than the other 5* properties such as the St. Regis, Peninsula, Ritz Central Park and MO [these seems to run from $525 to $600]. Also, many do consider the Waldorf Towers more of a 4.5*; sort of a notch below the other 5* properties; though, my experiences there have been as good as at the St. Regis. All of the rooms are quite large, and since we have been regular customers, they have upgraded us a suite in advance, on our last 2 stays. This has been really nice, as a "real" suite that is at least 1000 sq. ft. is quite the bargain in NYC for under $500. Also, the lounge for towers guests is pretty nice [though a bit small] and is included with all rooms in the towers section. In addition, we earn hilton points for our stays there; and this is our main hotel program. Good Luck with you bidding... Michael