There's doesn't appear to be anything on file with the DOB that might explain the need for the sidewalk shed... However, there are a handful of recent complaints on file with the DOB:
FAILURE TO MAINTAIN BALCONIES THROUGH-OUT BUILDING
FACADE - DEFECTIVE/CRACKING
Perhaps workers are ready to fix some of the "massive" problems found at the building, as The Real Deal reported earlier this year... Per The Real Deal's Sarah Ryley:
Beneath the two-year-old building's reputation for hosting raucous rooftop pool parties lies a reality worse than the most killer hangover -- flooding, crumbling balconies, alleged mismanagement of the condo board's funds and two unresponsive developers who have left owners banging their heads against mold-ridden walls, claim several residents who forwarded dozens of documents detailing these issues to The Real Deal.