Exhibit 1

Sales of Acadia Realty Trust (AKR) by Yale University on 2/27/2007:

Number of Common Shares of						Amount of Securities Owned
Beneficial Interest Sold				Price Per Share		Following Reported Transaction
		9,700		26.90		2,083,238
		600		26.91		2,082,638
		19,900		27.00		2,062,738
		300		27.01		2,062,438
		700		27.02		2,061,738
		400		27.04		2,061,338
		2,300		27.05		2,059,038
		500		27.06		2,058,538
		1,780		27.07		2,056,758
		1,320		27.08		2,055,438
		8,200		27.09		2,047,238
		800		27.10		2,046,438
		1,200		27.11		2,045,238
		100		27.13		2,045,138
		200		27.14		2,044,938
		700		27.15		2,044,238
		100		27.16		2,044,138
		200		27.18		2,043,938
		100		27.20		2,043,838
		1,600		27.25		2,042,238
		100		27.29		2,042,138
Total:		50,800 shares sold