Order, Supreme Court, New York County (Ira Gammerman, J.), entered on March 15, 1989, unanimously reversed, on the law, without costs and without disbursements, and the motion to compel arbitration and for a stay denied (see, Corcoran v Ardra Ins. Co., 156 AD2d 70). Concur—Sullivan, J. P., Carro, Ellerin, Wallach and Rubin, JJ.