The Catholic Archdiocese of New York will pay more than $800 million to victims of sexual abuse. The Catholic archdiocese of New York and lawyers for 1,300 people who alleged sexual abuse by clergy and laity in church leadership positions have agreed to a settlement worth more than $800 million, the New York Times reports. "We are close to bringing, God willing, some measure of healing and reconciliation to all survivors of abuse," Archbishop Ronald Hicks wrote in a letter to priests. According to the now, the agreement should put an end to the procedures that have been going on for seven years. His conclusion required the consent of all 1,300 plaintiffs, but some believed that the proposed conditions were not satisfactory. Lawyers warned them that if they refused, the archdiocese would likely file for bankruptcy. According to the terms of the agreement, the archdiocese will be required to publish on its website the names of the clergy and laity against whom the allegations of abuse are determined to be reliable, and to update the list as new confirmed cases emerge. The agreement also requires her to maintain a public archive of documented incidents of violence at Iona University. To raise money for compensation, the archdiocese cut its operating budget by 10% and sold some real estate. The signing of the agreement is planned for the beginning of November. In 2024, the Archdiocese of Los Angeles settled similar claims for $880 million — one of the largest sexual abuse settlements in church history.