Just got back from a 2 night stay at The Conrad NY.
I'm a Gold member. They give you a cert for a free continental breakfast in the restaurant. They say continental, but there's an Honors section on the menu that lists a variety of items. The more traditional is scrambled eggs over a piece of lightly toasted baquette that has nicely melted cheese on it (served open face). Baby cherry tomatoes are sprinkled over the eggs. As far as eggs dishes go, this was over the top. They include juice and coffee. My wife had steel cut oatmeal one day, and fresh fruit the next.
Most regular menu items start in the high teens. Coffee is $7.25 if you're buying off the menu. Your continental breakfast cert offers a $20 credit. Tax and tip included.
I was surprised they don't offer a Buffet. It's probably cheaper for them the way they do it.
They don't have a lounge.