Wednesday, February 11, 2026

25-story residential building in the works for the NW corner of the Bowery and Great Jones


A new development for the NW corner of the Bowery and Great Jones is moving forward. 

As previously reported (first by PincusCo), Lonicera Partners was assembling a potential development site at this northwest corner. Lonicera signed a contract to purchase 348 Bowery, the former Bowery Market and mechanic's garage, and took a minority stake in 350 and 352 Bowery, the two adjacent properties to the north. 

There are now new permits on file for a 25-story residential building, including inclusive housing, at the corner under the address 56 Great Jones St. 

Here's a view of the proposed development looking to the north ...
And how it would look from across the street... as you can see, the current buildings at 348, 350, and 352 Bowery would be demolished (there aren't any demolition permits on file with the Department of Buildings).
The Bowery Market closed on the corner last October. The boutique CÔTE À COAST at No. 350 shut down last month ahead of a relocation. Noho Food Market at 352 Bowery will move to the empty storefront at No. 354. 

There are two versions of the new building — one with a cantilevered extension to the north, the other without it. 

As Village Preservation explained, 56 Great Jones St. is outside the bounds of any landmarked district. However, the cantilevering portion over part of an adjacent building within the NoHo Historic District Extension at 354 Bowery requires landmark approval. 

The non-cantilver version would feature 94 total residential units, including 27 MIH apartments. The cantiliver edition would have three more MIH units, for a total of 30.
There will be a series of public meetings, starting tomorrow evening at 5:30, before the Community Board 2 Landmarks Committee. (Find meeting details here. You can attend via Zoom.) 

The all-new 56 Great Jones St. would join the 22-story office building on the SW corner of Bowery and Fourth Street on the block. No. 360 will house one tenant: the NYC-based Chobani, LLC, a food and beverage company initially known for its Greek yogurt.
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