The third annual Lunar Block Party is a cultural expression and celebration based on the arrival of spring and the beginning of a new year on the lunisolar calendar. This tradition centers on removing the bad and the old and welcoming the new and the good. It is widely celebrated in Asian countries such as China, South Korea, and Vietnam.

Lunar Block Party is an opportunity for NoHo pedestrians to reclaim the block as they welcome the new and good through food, performing arts, culture, and artisans celebrating Korean, Vietnamese, and Chinese cultures through sights, sounds, and participation.