Yes it can. Chumley's, the former speakeasy that has been dead for two years now since its chimney collapsed, and has been in a state of snail-paced construction every since, is actually starting to look like a building again.
Curbed shows JVNY's pictorial evidence that the cinder-block walls now hold up the wooden skeleton of a roof, with dormers (!). (The above comparison shot is Curbed's.) A Curbed commenter notes that work has really stepped up on the place in recent months. I still suspect it will be 2012 before the place is serving beers again, but I'll what good news I can get.