After the baroque palaces that tourists visit in droves this palace was in a worse state of repair. The Wikipedia has some of the explanation, i.e. its age:
"The Palace of Boukoleon (Greek: Βουκολέων) or Bucoleon was one of the Byzantine palaces in Constantinople (present-day Istanbul in Turkey.) It was probably built by Theodosius II in the 5th century. The palace is located on the shore of the Sea of Marmara, to the south of the Hippodrome and east of the Little Hagia Sophia.
Hormisdas is an earlier name of the place. The name Bucoleon was probably attributed after the end of the 6th century under Justinian I, when the small harbour in front of the palace, which is now filled, was constructed. According to tradition, a statue featuring a bull and a lion stood there, giving the port its name (βοῦς and λέων are Greek for "bull" and "lion" respectively). "House of Hormisdas" and "House of Justinian" are other names referring to Bucoleon Palace."
Last time I was there it was being restored and off limits, hence only a few pictures.