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Manhattan tower redrawing skyline attracts office tenants

Panera Bread, Krispy Kreme owner signs deal for its ‘first significant’ New York space
Global investment firm JAB Holding is setting up its first significant New York office presence at 520 Fifth Ave., depicted in a rendering. (Binyan Studios)
Global investment firm JAB Holding is setting up its first significant New York office presence at 520 Fifth Ave., depicted in a rendering. (Binyan Studios)
CoStar News
July 25, 2025 | 2:53 P.M.

A mixed-use development set to become the second-tallest tower on Manhattan’s Fifth Avenue after the Empire State Building has landed its first office tenants that include JAB Holding, the parent of Panera Bread and Krispy Kreme.

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