I purchased this film on DVD for £4, but it was a waste, the film is very bad. The plot is your average monster film, where it kills a few people, the mayor/chief doesn't believe it, and they fight it at the end.
On the plus side, the film quality is very good, and the setting of New York is impressive for a budget film - as opposed to a small coastal town. The acting is reasonable too.
However, the special effects, mainstage in a monster film, are laughable and the addition of a random bus load of kids to the plot half way through just gets weird. The ending is just bad.
In summary, whenever you have a chance to see this, don't - there WILL be something better on.
R-T-C "True horror films don't have a PG rating"