Pros (+) The location is really great. Right near the city center and lots of restaurants. Staff was very nice.
Cons (-) Lots of little annoyances: no outlet near most of the beds, hostel had no drinking water on my second day, hot rooms. By far the worst part was outside the hostel there was actual jack hammering happening all night -- from 10pm until 5am. Obviously not the fault of the hostel, but a terrible experience, and one I'm surprised they wouldn't at least warn guests about.