Peters v. Collazo Florentino & Keil LLP

Judgment, Supreme Court, New York County (Paul G. Feinman, J.), entered November 14, 2012, confirming an arbitration award in favor of defendant that, inter alia, awarded prejudg*433ment interest at 2% per annum, and dismissing the complaint, unanimously affirmed, with costs.

Defendant failed to timely move to modify the award to raise the prejudgment interest rate from 2% to 9% (CPLR 7511 [a]). In any event, the arbitrator properly set the prejudgment interest rate at 2% (compare CPLR 5001 [a] with CPLR 5004).

Contrary to plaintiffs contention that arbitration should have proceeded under 22 NYCRR…