In 2011, the New York State Bar Task Force on New York Law in
International Matters called for the creation of a permanent center for
international arbitration in New York. That call has now been
answered.
The New York International Arbitration
Center (NYIAC) opened a premier facility in Spring 2013 for
the conduct of international arbitration in the heart of Manhattan, steps from
Grand Central Station, Times Square, the Empire State Building and the United
Nations. NYIAC will serve as a prime destination for international arbitration
hearings (however administered), mediation proceedings and conferences of all
kinds. NYIAC will provide world-class hearing rooms, breakout rooms and other
amenities that can accommodate arbitrations of any size, including large,
multi-party arbitrations and offer full technological capabilities, including
high-tech video conferencing and built-in facilities for simultaneous
interpretation creating a seamless experience, freeing parties and counsel to
focus on the matters at hand.
In addition,
the NYIAC website, www.NYIAC.org, will be a valuable
resource to the international arbitration community around the world by
providing links to valuable international arbitration resources such as
institutional rules and model clauses, as well as published awards, guidelines
and other research.