Funds to pay the survivors from past sexual abuse is coming from a variety of sources including the sale of its former HQ on 1st Ave. earlier this year and a slashing of the archdiocese’s operating budget by 10 percent.
The Roman Catholic Archdiocese of New York said it establishing a $300 million fund to pay for survivors of sexual abuse at the hands of priests and lay personnel going back decades. The fund is expected to cover about 1,300 pending cases against the archdiocese from claimants who said they were abused...