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Construction is nearing completion at 123 Baxter Street, a 7-story residential condominium building with 24 units in Little Italy.

The building, which has something of an nautical, or oceanliner, flair, is on the southeast corner of Hester Street, about half a block north of Canal Street and a short block east of Centre Street.

The building is notable for its automated garage and its curved entrance arch that protrudes outward somewhat from the building and will be covered in clear glass tiles.

Adam Kushner of Kushner Studios is the architect.

The facade design combines red-brick masonry and light-beige stucco and is distinguished by rounded corner windows directly above the entrance and first floor retail windows that gently rise in height towards Hester Street from the mid-block entrance. The gentle slope is repeated in reverse direction at the top of the masonry portion of the facade. In addition, the Baxter Street facade has numerous balconies and considerable facade modulation.

The American Development Group LLC of West Hempstead, New York, is the developer.

According to Perry Finkelman, partner and managing director of American Development Group, 123 Baxter Street expects to begin marketing soon.

The interesting project has a triplex townhouse with a garden that is expected to be marketed at about $5 million and two penthouses that are likely to be priced at about $4 million each.

In addition, there are one- and two-bedroom apartments and all units have outdoor space. Apart from the townhouse and the penthouses, the gross square footage including both interior and exterior space for the apartments range from 1,268 to 2,164 square feet.

Mr. Finkelman told CityRealty.com today that there are about 250 people on the waiting list for apartments at 123 Baxter.

Marshall Berman, who is charge of investments and acquisitions for American Development Group, said that its automated garage will be completed probably in the fall. The "Automotion" parking system involves no access ramps, or driving lanes.

Mr. Berman also said that the company will be offering exclusively refrigerators made by LG that will have flat-screen, touch-screen computers on their fronts.
Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.