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.