Hi blair!
I have also heard good things about (and checked out by visiting)
Hotel Balzac . Think standard room starts at EUR 230.00.
From the site:
This beautiful Belle Epoque townhouse is an intimate and charming hotel superbly located in the very heart of Paris just a few steps from the Arc de Triomphe and the world-renowned Champs-Elysees. From the moment you enter the lobby, you will feel the atmosphere of this luxurious haven of peace. From the fabulous terrace of the Royal Suite, the Eiffel Tower looms majestically over the Parisian rooftops. But wherever you are in this hotel, you will feel totally indulged, with charming, classic...
Many fine, romantic restaurants near-by as well.
Pierre Gagnaire is one.