UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6/30/2012
Check here if Amendment []; Amendment Number:
                                               -------
This Amendment (Check only one.):               [] is a restatement.
                                                [] adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:      TowerView LLC

Address:   500 PARK AVENUE
           NY, NY 10022


Form 13F File Number: 028-11433


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.

Persons Signing this Report on Behalf of Reporting Manager:

Name:   Neil S. Shapiro
Title:   
Phone:  212-935-6655

Signature,  Place,  and  Date  of  Signing:

/s/ Neil S. Shapiro                New York, NY                       8/2/2012
---------------------------------  ---------------------------------  ----------
[Signature]                        [City, State]                      [Date]



Report  Type  (Check  only  one):

[X]     13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

[ ]     13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:




                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                    0

Form 13F Information Table Entry Total:              23

Form 13F Information Table Value Total:  $242,496,000.00
                                         --------------


List of Other Included Managers:

Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE







                                                  FORM 13F INFORMATION TABLE

                COLUMN 1                    COLUMN 2    COLUMN 3   COLUMN 4       COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
---------------------------------------- -------------- --------- ---------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
             NAME OF ISSUER              TITLE OF CLASS   CUSIP     VALUE     PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------------------- -------------- --------- ---------- --------- --- ---- ---------- -------- ---- ------ ----
                                                                                               
AMERICAN GREETINGS CORPORATION CMN       COM            026375105 17,983,000 1,230,000 SH       SOLE       NONE     SOLE   NONE    0
CLASS A
BRT REALTY TRUST (SBI)$3.00PAR CMN       COM            055645303    858,000   132,000 SH       SOLE       NONE     SOLE   NONE    0
BARNES & NOBLE, INC CMN                  COM            067774109 32,920,000 2,000,000 SH       SOLE       NONE     SOLE   NONE    0
BASSETT FURNITURE CMN                    COM            070203104  1,847,000   179,154 SH       SOLE       NONE     SOLE   NONE    0
COMPUTER SCIENCES CORP CMN               COM            205363104  6,205,000   250,000 SH       SOLE       NONE     SOLE   NONE    0
CORNING INCORPORATED CMN                 COM            219350105  3,556,000   275,000 SH       SOLE       NONE     SOLE   NONE    0
EXCO RESOURCES INC CMN                   COM            269279402  4,934,000   650,000 SH       SOLE       NONE     SOLE   NONE    0
EMMIS COMMUNICATIONS CORP CL-A CLASS A   COM            291525103  2,362,000 1,283,600 SH       SOLE       NONE     SOLE   NONE    0
FISHER COMMUNICATIONS INC CMN            COM            337756209 27,794,000   929,259 SH       SOLE       NONE     SOLE   NONE    0
GRIFFIN LAND & NURSERIES CMN             COM            398231100  3,022,000   107,962 SH       SOLE       NONE     SOLE   NONE    0
GYRODYNE CO AMER CMN                     COM            403820103  5,839,000    51,078 SH       SOLE       NONE     SOLE   NONE    0
INTERNET PATENTS CORP CMN                COM            46063G101    404,000   105,000 SH       SOLE       NONE     SOLE   NONE    0
JOHNSON OUTDOORS INC CMN CLASS A         COM            479167108 17,756,000   861,965 SH       SOLE       NONE     SOLE   NONE    0
NABI BIOPHARMACEUTICALS CMN              COM            629519109  1,311,000   830,000 SH       SOLE       NONE     SOLE   NONE    0
PARKER-HANNIFIN CORP. CMN                COM            701094104  1,538,000    20,000 SH       SOLE       NONE     SOLE   NONE    0
REALNETWORKS INC CMN                     COM            75605L708  2,311,000   267,500 SH       SOLE       NONE     SOLE   NONE    0
SAGA COMMUNICATION, INC. CMN CLASS A     COM            786598300 32,620,000   879,000 SH       SOLE       NONE     SOLE   NONE    0
RTS/SANOFI-AVENTIS EXP12/31/2020         RTS            80105N113  1,481,000 1,050,000 SH       SOLE       NONE     SOLE   NONE    0
STEINWAY MUSICAL INSTRUMENTS ORDINARY    COM            858495104    980,000    40,000 SH       SOLE       NONE     SOLE   NONE    0
COMMON STOCK
TEJON RANCH CO CMN                       COM            879080109 74,412,000 2,600,000 SH       SOLE       NONE     SOLE   NONE    0
WESTELL TECHNOLOGIES INC CMN CLASS A     COM            957541105    214,000    90,000 SH       SOLE       NONE     SOLE   NONE    0
WARNER CHILCOTT PLC CMN                  COM            G94368100    897,000    50,000 SH       SOLE       NONE     SOLE   NONE    0
STEALTHGAS INC. CMN                      COM            Y81669106  1,252,000   215,500 SH       SOLE       NONE     SOLE   NONE    0