The building One 57 is slated to be 90-stories tall when it's finished.
New York Mayor Michael Bloomberg briefed the media on the situation on Tuesday.
"Yesterday, a partly-damaged crane at a site on West 57th Street required evacuation of the immediate vicinity," Bloomberg said. "The Department of Buildings has determined that the crane is currently stable, however, we can't fully secure the crane until the wind dies down. The procedure there, when the winds die down, will be try to get the boom and strap it to the building, and then we could reopen the streets and over a period of time the contracting company will have to figure out a way as to build a new crane on top and take that one down."
Bloomberg says the crane was just inspected last Friday.
(Copyright © 2012 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.)