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NEW YORK CITY-Citi Community Capital and Simone Development Cos., in partnership with Monge Capital, have provided new markets tax credit financing for the construction of Metro Center Atrium, a mixed-use commercial development in the Pelham Bay section of the Bronx, a medically underserved community. The companies declined to say how much money they doled out for the deal.

Metro Center Atrium is a 370,000-square-foot development consisting of community health care and social service providers, the first LA Fitness health club in New York City and a 95,000-square-foot, 125-room Residence Inn by Marriott. The Residence Inn will be the first Class A hotel in the Bronx.

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