Placeable objects (items in condos, fireworks in plaza) can get blocked by the world model for weapons and other equippables. The biggest problem with this that I can see is with the condo tools getting blocked while in noclip and advanced edit mode.
I’ve also noticed it’s not entirely consistent, where sometimes it’ll happen and other times it won’t. When trying different items for the video above, things like Throwable Popcorn and the Egon Cannon didn’t do this. Adrenaline and the Sword and Shield items didn’t either, though it might be because they are held off to the side in thirdperson.
I searched on the forum and didn’t see this, sorry if it’s already been reported.