Club Carlson is having another 25% off sale using promotion code LMD25OFF. This sale runs through June 15th 11:59pm CT for travel hotel stays through June 30, 2012.
I was able to find the following cheap hotels for the NYC area:
Radisson Hotel Newark, NJ: $74.25 on 6/21, 6/22, 6/24, 6/25, 6/26, 6/27, 6/28, 6/30
Radisson Hotel Piscataway, NJ: $71.25 on 6/15, 6/17
Radisson Martinique on Broadway, New York City: $159.25 on 6/17 ---> while this is not cheap compared to other hotels, if it is your only option it might be worth it depending on how you plan to use your bonus points