Thanks to Brownstoner for the latest info on Broken Angel. Looks like the precarious building top will be dismantled and the building will be converted to condos. Thankfully, it will also accommodate artist and community space, and the conversion will take place with help from local developer Shahn Anderson. I've never met him, but he seems like a good guy. I suppose all things considered, I'm OK with this plan. I hope the community space will be home to some sort of gallery dedicated to the building's long history, with lots of photos of the building as it is now. More from the NYT here.