Appeal denying the motion of defendants for a stay pending arbitration.
Corcoran, Kostelanetz & Gladstone, New York City (Boris Kostelanetz, Theodore E. Gladstone, Arthur Karger and Thomas F. Ryan, New York City, of counsel), for appellants.
Arthur S. Schapira, New York City (Joseph H. Wishod, New York City, of counsel), for appellee.
Before MEDINA, LUMBARD and WATERMAN, Circuit Judges.