Bob Dylan wrote one of his classic songs there (“Sad-Eyed Lady of the Lowlands“), his name sake, the Welsh poet Dylan Thomas, died there, and, over its 100+ year history, a Who’s Who of literary, artistic, and musical icons have lived, created, visited, and made news there.
Currently home to about 100 residents, the hotel was recently sold and regrettably no longer accepts guests. Evidently the hotel staff was let go, no new residents are are being accepted, and the Chelsea’s future is uncertain.
The New York Times, July 31, 2011, article by Cara Buckley: http://www.nytimes.com/2011/08/01/nyregion/historic-chelsea-hotel-closes-to-guests.html?pagewanted=all
Wikipedia article: http://en.wikipedia.org/wiki/Hotel_Chelsea
Hotel Chelsea: http://www.hotelchelsea.com/