New York Post Geshary has paid $38 million, or $2,798/sf, for the 13,580-square-foot retail building at 560 Fifth Ave. in midtown Manhattan. The Japanese coffee company bought the property from the Riese Organization of New York. Colliers represented the buyer, while CBRE represented the seller. The 116-year-old building also has 24,520 sf of development rights. […]

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