Bellevue Psych Hospital Remodeled as a Luxury Hotel?

It's true! Bellevue Psychiatric Hospital, previously home to famous names like Normal Mailer, Edie Sedgewick, and the guy who shot John Lennon (Mark David Chapman), is getting a remodel and soon will be a luxury hotel. Built in 1931 it's pretty perfect for the remake, with its location in Manhattan along the East River, its Italian Renaissance style, and even its "H" layout with hotel-sized rooms on long corridors.
Bellevue hasn't treated psych patients since 1984 when it was transformed into a homeless shelter, and now the plans for yet another renovation are well underway. No word yet on when they hope to have the hotel finished, but hopefully there's a developer locked in by the end of the year so renovations can get started by the middle of 2009.
Knowing all the history (and insanity) that happened in those walls, will you stay there?