In re the Arbitration between Albert Bialek Associates Inc. & Northwest-Atlantic Partners Inc.

—Judgment, Supreme Court, New York County (William McCooe, J.), entered on or about April 4, 1997, confirming an arbitration award in favor of petitioner, unanimously reversed, on the law, without costs, the motion to confirm the award denied, and the motion to vacate the award granted.

As is relevant to the instant matter, CPLR 7503 (c) provides that a demand for arbitration or notice of intention to arbitrate must state, among other things, that “unless the party served applies to stay the arbitration within twenty days after such service he shall thereafter be precluded from objecting that…