Exhibit 1

Sales of Acadia Realty Trust (AKR) by Yale University on 2/20/2007:

Number of Common Shares of			Amount of Securities Owned
Beneficial Interest Sold		Price Per Share	Following Reported Transaction
	200	27.61	2,152,738
	300	27.63	2,152,438
	800	27.64	2,151,638
	1000	27.65	2,150,638
	500	27.66	2,150,138
	800	27.67	2,149,338
	1500	27.68	2,147,838
	500	27.69	2,147,383
	200	27.71	2,147,183
	400	27.72	2,146,738
	400	27.73	2,146,338
	400	27.74	2,145,938
	200	27.75	2,145,738
	400	27.76	2,145,338
	200	27.78	2,145,138
	300	27.79	2,144,838
	3100	27.80	2,141,738
	3400	27.81	2,138,338
	1300	27.82	2,137,038
	5900	27.83	2,131,138
	6700	27.84	2,124,438
	1900	27.85	2,122,538
	3800	27.86	2,118,738
	2900	27.87	2,115,838
	4700	27.88	2,111,138
	5200	27.89	2,105,938
	6800	27.90	2,099,138
	2600	27.91	2,096,538
	400	27.92	2,096,138
	300	27.93	2,095,838
	100	27.94	2,095,738
	200	27.95	2,095,538
	700	27.96	2,094,838
	1800	27.97	2,093,038
	100	28	2,092,938
Total:	60,000 shares sold