A good hotel in a good location, with a great view from the roof. The rooms are small, cozy and clean. There is a public transport stop very close by, and a metro/tram stop two hundred meters away. There is also an opportunity to get to the right place in Istanbul by water - near the marina, from where the river trams leave.
There are many places where you can have a hearty and delicious meal for little money. Apparently, this is due to the fact that there are many students walking near the institute.
There is a delicious dener for 50 lire.