Exhibit 1

Sales of Acadia Realty Trust (AKR) by Yale University on 8/7/2006:

Number of Common Shares of				Amount of Securities Owned
Beneficial Interest Sold	       Price Per Share	Following Reported Transaction
	200				23.60			2,168,038
	200				23.61			2,167,838
	100				23.62			2,167,738
	600				23.63			2,167,138
	100				23.64			2,167,038
	1,100				23.65			2,165,938
	400				23.66			2,165,538
	1,300				23.67			2,164,238
	2,700				23.68			2,161,538
	600				23.69			2,160,938
	1,000				23.70			2,159,938
	300				23.71			2,159,638
	600				23.73			2,159,038
	300				23.74			2,158,738
	200				23.75			2,158,538
	100				23.78			2,158,438
	100				23.79			2,158,338
	1,100				23.80			2,157,238
	100				23.83			2,157,138
	100				23.86			2,157,038

Total:	11,200 shares sold