A balanced cantilevered feeding apparatus for coupling with a jib, and a complementary method for its operation, configured to facilitate depositing and removing of a load through an opening in a building. The apparatus includes two spaced apart upright hoisting assemblies disposed on the jib, and a fly beam hoisted, balanced, and selectively positioned along a lateral axis by the two hoisting assemblies. A load securing member is mounted on a cantilevered extension portion of the fly beam, wherein the member extends beyond one of the two hoisting assemblies toward the building, and a counterweight is connected to the fly beam in the vicinity of another of the two hoisting assemblies.