Great Location but Outdated and Expensive
The historic value of this hotel and where it is located cannot be questioned, they both are spot on. The location is right downtown near all the major attractions and within a $12 cab ride or walk near all the major attractions.
When you walk into the lobby, it has the feel of a classic hotel with tremendous history. The front desk staff are friendly however there is no real "system" on where to go so if it busy you just choose a line and hope you get checked in soon. 
The feel of the lobby is extended to the Elevators which has the historic look and feel. Unfortunately with that comes the noise and slowness of these older elevators. The halls and front doors reflect the same historic feel. 
Inside the my room (I had a King Deluxe Room) it was quite spacious with lots of room but everything appears outdated. The decoration, carpeting, desk and chair were all outdated. The desk was pretty small and the chair was a simple small wooden chair that was not too comfortable. On top of that the internet was $12.95 per day for wireless, which is way too expensive. 
The bathroom was very tiny and literally felt like I was bumping into everything. The free soap/shampoo was good and there was plenty of hot water however was too small to really enjoy the shower, really wanted to be in and out as fast as possible. 
The other real negative aspect to this hotel is that the walls are very thin as well as the doors so you can hear everything that is going on in the room next to you as well as in the hallway. Overall for the price I gave this hotel a poor rating due to it being outdated, uncomfortable and noisy.