Casa New Yorker aka Foreigners Club Hotel
I am staying at the Foreigners Club Hotel for a week so far (Jan 2010) and i absolutely love it! It used to be the Casa New Yorker. The location is great. The staff (Juan/John) could not be any more helpful and fun to be around. The guest house is very gay-friendly. You can even ask John to introduce you to some of his friends.
The rooms are clean, hot water, air conditioners, fans, clean linens and towels. There is a kitchen you can use at your pleasure. It was kinda difficult to find info on this place online as it has changed names and owners many times. But i am glad I did. The room rates are hard to beat and it is OK to bring your guests to your room. To keep the place safe, they lock the front doors at all times and all guests must leave their IDs at the front desk. Enjoy!