The Archdiocese of New York is reportedly in danger of bankruptcy unless it raises hundreds of millions of dollars to pay off roughly 1,700 people who allege priests and lay staff members sexually abused them as minors. Catholic parish pastors for the nation’s second-largest diocese were told during an April 17 emergency meeting at St. Joseph College and Seminary in Yonkers that despite cost-cutting that includes $8 million in real estate selloffs in the past two years, a $300 million fund to pay off the victims is still well short of what’s needed to reach a global settlement, Our Town reported. The pastors were told they’d instead have to have to dip into their own parish coffers to collectively raise up to $400 million, or the archdiocese – which represents 2.8 million Catholics in Manhattan, The Bronx, Staten Island and seven Hudson Valley counties—would be forced into bankruptcy. “That is the nuclear option,” said one pastor.…