I went to The Bowery as part of a holiday function. The place has some very nice decoration and is generally set up with a trendy style but definitely not overwhelming. The bar is located in the middle of the place and actually takes up quite a lot of space. The drinks were all great and made with great skill by the very friendly bartenders. The staff was nice and friendly and came around often to check if we needed anything (Often but not too often that you feel like they are part of your conversation). The food was great, although we only had appetizers and some pasta. The atmosphere has a casual-upscale-loungy type of feeling. I would like to give it another shot to see how it is during the weekend. Being located in the downtown district I would think that it is frequented by business people most of the time.
There is no space to dance so don't get any ideas.