From the New York Times:
A pipe burst in the Times’s morgue which occupies the sub-subbasement of the former New York Herald Tribune building on 41st Street. Morgue manager Jeff Roth is quoted as saying "this was the stuff of nightmares. It’s always been a worry."
Roth stated that most likely 90% of the photos could be salvageable. But it raised the question of how in the digital age — and in the prohibitive Midtown Manhattan real estate market — can some of the company’s most precious physical assets and intellectual property be safely and reasonably stored?
Week in Review photos protected the card catalog.
Here's the popular NYT Photo Archive tumblr account, the Lively Morgue.