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Budget accommodations can be so dreary, but this bright, clean hostel, housed in a landmark building near Central Park and Columbia University, is anything but. For less than $30 a night, you can reserve one of the 624 beds. Though you will have to share a bathroom, the hostel will provide you with linens and towels for no extra charge. Amenities like free Internet access, a landscaped garden, and laundry facilities will make budget travelers feel comfortable and the daily neighborhood walking tours offered by staff members (many of which are free) will ensure that you see lots of the city.