The only thing I can think of at $500 for a whole week is a hostel with a 6 to 12 person dorm room. The cheapest price for a nice hotel room is $120.00 a night and that's at the St. James Hotel on 45th Street.
Don't believe everything that you hear! Only the peeps involved know the truth!
The Continental Hostel is really nice. It's $20 a person per night I think.
"People that excel in the arts understand that the journey is the reward...the result an added bonus. Every day I act or train is a blessing and a dream come true. If Broadway beckons so be it. I have a personal definition of success that is unshakable by a possibly unobtainable goal." -HamletWasBipolar