I'm in the process of upgrading screeenly to the newest release. While switching from Grunt to Gulp I had some problems binding third-party packages into the Gulp workflow.
Luckily there is a nice and simple way to configure the output directory of Bower. Just add a .bowerrc file to the root of your Laravel Project and insert the following code:

    "directory": "resources/vendor"

Your Bower packages are now downloaded into the resources/vendor/ directory. That's the place where Laravel Elixir expects your CSS and Javascript files. Now you only have to set a new root directory when using the scripts() and styles() function in your Gulpfile, just like so:

], 'public/app.js', 'resources/');

And don't forget to add /resources/vendor to your .gitignore file. You don't want to have those files in your version control.