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1.
1. Cool, hip, trendy. Corruption of "Of the hook", which meant that something was cool because you'd have to immediately take your phone "of the hook" to tell all your friends about it. Basically, this original thread of meaning has been completely lost with the introduction of the "eezy" (common to a lot of slang at the moment).
"I'd say my plan is more 'off the heezy' now than at any other time." - Draken
von Al 12. Oktober 2003
 
2.
off the hook, very cool, bitchin'
"yo that's off tha heezy fo sheezy"
von pooter-face snatch-queen 13. Mai 2003
 
3.
A pass in street hoops, right off the head
Right off the heezy and into the bucket
von Erix 23. Mai 2003
 
4.
An event, gathering, or cicumstance so euphoric that it can not be described adequately by a simple adjective. Synonyms: Rapturous, splendiferious, raucous.
Yo, that party was off the heezy!
von The Surly Eel 23. Mai 2003
 
5.
an event, occurance, place, or thing that is said to be, or have been, of great enjoyment
that club last night was off the heezy

that bitches face was buckled, but the pussy was off the heezy
von the ju1ce 17. August 2003
 
6.
off the hook (i.e. cool; slammin')
Yo, that shiznay is off the heezy fo' sheezy!
von shizzlemynizzle 25. Mai 2003
 
7.
Used for such a crazy event, that it can not be defined with simple adjectives.
Man that bitch was stupid fly, and that party was off the heezy.
von Q 17. Februar 2003