New Upgrade Available - Wireless Internet /Fee/ The Latham Hotel is a true budget hotel, but right off 5th Avenue, and a brief, terrific walk to the Empire State Building, Chelsea and Herald Square. Convenient to Penn Station, Grand Central Station and the discount inter-city bus lines. Our spacious rooms have one double or two twin beds, telephone, air-conditioned rooms, color TV. Select with either private or shared bath as your budget allows. Make the Latham your headquarters in New York and enjoy real savings.