Patrick Ralph

Citizens Bank laid off staff from its home mortgage division March 30 as home lending remains moribund across the nation.

Six transactions involving mid-market commercial properties valued between $10 million and $40 million hit New York City records last week.

CMBS issuance plunged below $6 billion in the first quarter, down 79 percent from last year for the lowest quarterly volume since 2012.

Multifamily assets with ground-floor retail space drove most of the activity on NYC’s mid-market investment sales scene last week.

Commercial property transactions in New York City declined 52 percent annually in the first quarter as high interest rates dragged down the market.

Seeking an extension, Tishman Speyer asked for special servicing on a $485 million CMBS loan on 300 Park Avenue, where revenue fell.

The hot dog business and its former landlord at 179 East 86th Street have settled a dispute over what’s now an Extell Development site.

Joe Sitt’s Thor Equities allegedly defaulted in January on a loan tied to the retail property at 440 Broadway in Soho.

Three sales of mid-market commercial properties for between $10 million and $40 million hit New York City records last week.

A Park Slope townhouse at 625 2nd Street asking $5.4 million was Brooklyn’s priciest signed contract in the second week of April.