Pearl Street Development Corp. v. Conduit & Foundation Corp.

This application raises, inter alia, the question of whether or not a stay of enforcement of an order of this court directed by the Appellate Division pending its determination of an appeal therefrom is automatically continued when an appeal as of right is taken from the latter’s determination affirming such order.

Petitioner initiated this proceeding to obtain a stay of the arbitration commenced against it by respondent and the latter *1016cross-moved, for an order compelling arbitration. Petitioner’s application was denied and the parties were directed to proceed to arbitration. An appeal was…