B
ayside's real estate market has been thriving in 2025, particularly in commercial properties. The neighborhood has seen a surge of new businesses opening their doors, including several restaurants offering diverse cuisines to the community.

    The Bay Terrace Shopping Center is undergoing significant renovations, with the expected opening of Club Studio Fitness by the end of 2025 and Gen Korean BBQ House around the same time. Other recent additions include Chipotle and Just Salad. The shopping center is also getting an outdoor seating area, a turf space for community events, and improved walkways to enhance pedestrian accessibility.

    Renovations have been completed at the Bay Terrace Library, which reopened in December 2024 after a $5.7 million restoration. The library features updated technology, furniture, and amenities such as a teen room and multi-purpose community room with audiovisual equipment.

    P.S. 31 has finally finished its renovations after almost a decade of delays, removing the scaffolding that had shrouded the school for years.

    Concerns about housing and zoning dominated discussions at Mayor Eric Adams' "Community Conversation" in July, with many residents expressing opposition to the City of Yes initiative. Despite criticisms, Adams defended the plan, citing the urgent need for more housing in New York City.

    Bayside has welcomed a range of new restaurants on Bell Boulevard, reflecting the neighborhood's cultural diversity. Other businesses have also set up shop, including Emunah Day Spa and Iron Pump gym.

    The Bayside housing market remains active, with a median rent of $2,313 in August 2025, down 1.8% from the previous year but still 41% higher than the national average. The median sales price for homes was approximately $958,000 by July 2025, representing a 3.5% decrease from the same period in 2024.