Thanks KSA, that is helpful. We've been to New York many times and have never stayed at a truly luxury property because we spend so much time out of the room out and about. I'm thinking that for us either would be a waste, there are many Starwood properties that use a lot less points that would serve our purpose, while preserving some points for other trips.
I love the idea of using points in New York because the taxes are so high, and that takes care of them.