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