A broken pipe on Saturday morning sent water cascading into the morgue — the storage area where The Times keeps its immense collection of historical photos, along with newspaper clippings, microfilm records, books and other archival material — causing minor damage and raising significant alarm.

And 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?

Jeff Roth, the morgue manager, said it appeared that about 90 percent of the affected photos would be salvageable, but it is too early to say with any certainty how many were lost.

Though he stood undaunted among rubber drums and wastebaskets catching the residual water dripping from the ceiling, Mr. Roth made it clear that this was the stuff of nightmares.