4 star manhattan hotel near grand central terminal near chrysler building the elegant grand hyatt new york is in midtown manhattan steps from grand central terminal and across the street from the chrysler building youre also next to the 42nd street subway station a 5 minute ride from there takes you to times square near luxury shopping its a 12 minute walk to rockefeller center and the upscale shops along fifth avenue which include versace and louis vuitton if you want a break from big