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Police say the body of Connor Donohue, 24, was discovered just before 9 a.m. outside 330 East 39th Street in Murray Hill.

The death has been ruled an accident.

Officials with the Department of Buildings say the fatal fall might have been caused by a faulty railing on the balcony.

They say it appears the fencing and the post of the railing was loose and may have been damaged prior to the incident.

The DOB has ordered an engineering report on every balcony.

Residents have also been ordered to stay off their balconies pending the results of the report.

"I have no comment on how I feel about the building. I mean, if they knew then that's pretty bad, but they might not have known so," said one tenant. "It's a pretty old building too so hopefully they'll just fix it for the future."

"I'm not gonna wanna go out on my balcony until I know it's 100 percent safe to go back out there. I'm not risking my life to step outside for a couple of minutes," said another tenant.

The property owners have been issued a violation for not complying with building codes.

In a statement, the owners said, "A tragedy occurred and it is under investigation."