Wrong, it was a very beautiful building architecturally. It may have been run down, but that's what renovations are for.
I am very familiar with the Hotel Penn and there was nothing inspiring or esthetic about its design. It was a dull brown corrugated oppressive utilitarianian heap in of stone with two-thirds of its rooms opening onto nearly lightless interior shafts. One would never stop to gaze at its beauty, but only rush past to be somewhere else.