Speaking on the Millers official website themillers.co.uk chairman Tony Stewart explained the desicion.
"The new stadium name is strongly rooted in more than 150 years of Rotherham's proud history of industry and enterprise, linking the old and the new eras and, I believe, it befits such a fantastic new stadium right at the heart of Rotherham,"
"I have had many letters, emails and calls from fans with their suggestions. But, over the past few weeks, the support for New York really started to gather momentum. After careful consultation and detailed research into the local history of the site, we felt that New York was the perfect name for our new stadium."
"We also feel that the name can open doors for the commercial team at Rotherham United, and we looking into the possibility of setting up links between Rotherham and New York, USA."
"You get a sense of pride when you pass the site, and being able to put a name to it will add a huge amount of character to what is shaping up to be a stadium the club, the town and our supporters can be proud of," added Mr. Stewart.
"The location is perfect for people travelling into Rotherham, and I want it to be something that turns heads and makes people stand up and realise where we are going as a football club, and a town."
Meanwhile World Cup final referee and fellow Miller Howard Webb revealed the title of the new stadium.
"As a lifelong supporter of Rotherham United I am absolutely thrilled to be able to announce the name for the new stadium, Rotherham United is my hometown club that I have supported all my life. The Millers are responsible for my interest in the game. To become involved with the cub was a huge honour, and now to be here, whilst the club stands on the verge of this momentous new era, gives me a sense of great pride." webb told themillers.co.uk