New York stipulation for selection of an arbitrator refers to the selection of a neutral person or persons to resolve a dispute between two parties without the involvement of a court. This agreement is usually made between the parties to a dispute prior to the initiation of formal arbitration proceedings. Types of New York Stipulation for Selection of an Arbitrator include: -New York Stipulation for Selection of a Sole Arbitrator: In this type of selection, a single arbitrator is chosen. —New York Stipulation for Selection of a Panel of Three Arbitrators: This type of selection involves the appointment of three arbitrators to hear a case. —New York Stipulation for Selection of a Panel of Five Arbitrators: A panel of five arbitrators is appointed to hear a case in this type of selection. —New York Stipulation for Selection of a Pool of Arbitrators: This type of selection involves the appointment of a pool of arbitrators from which the parties can select an arbitrator. The selection of an arbitrator is governed by the New York Arbitration Rules and the parties must agree to the selection of the arbitrator. The parties must also agree to the terms of the arbitration, including the rules of procedure, the fees and the venue for the arbitration.