All the vendors have left The Bowery Market; future new development in the works?

The Bowery Market at 348 Bowery is closed now on the NW corner at Great Jones. 

Twig'm, which served Korean street food, was the final vendor to shutter, closing on Oct. 12. Sept. 30 was the last day for the other vendors, including The 88 Coffee Company, which said in an Instagram post that "the Bowery Market is also closing to evolve and change for the better."

In announcing its closure, Kettl Tea owner Zach Mangan wrote on Substack on Sept. 29: "This week marks the end of a chapter for Kettl as we serve our final guests at our Bowery outpost. The owner of the market has decided to sell the space to a developer and pursue a new direction." 

The small garage on the property also appears to be closed now. 

In April, PincusCo reported that Lonicera Partners was assembling a potential development site at this northwest corner. Lonicera signed a contract to purchase 348 Bowery and took a minority stake in 350 and 352 Bowery, the adjacent properties to the north.

As of now, there are no new work permits on file for the addresses. 

Development along this corridor is nothing new — just look across the street (below).

Most recently, a few storefronts to the north, the former single-level B Bar & Grill space is now home to a 22-story office building for Chobani.

Real estate developer Scott Marano opened the year-round outdoor food market in July 2016, with spaces for up to five new or established food businesses. 

In an email to EVG in May 2019, Marano shared his vision for the space, a former auto-body shop: 

Creating The Bowery Market was a very important, long-held goal of mine. I have been part of the neighborhood since I was a child and I have seen how it has changed. There are a lot of great restaurants in our neighborhood, but there are not many places that serve really good food in a very casual environment or on the go. 

I wanted to create a place that people could come to several times a week at different times of the day to satisfy them and their guests. I also know the real estate market and how expensive and risky it is for a food producer and operator to open a brick-and-mortar.