LIST OF AFFILIATES OF


ACADIA REALTY TRUST


-----------------------





Acadia Realty Trust


Acadia Realty Limited Partnership








125 Main Street Associates LLC


239 Greenwich Associates Limited Partnership


640 Broadway Member LLC


640 Broadway Owners LLC


ABR Amboy Road LLC


Acadia 1520 Milwaukee Avenue LLC


Acadia 161ST Street LLC


Acadia 216TH Street LLC


Acadia 239 Greenwich Avenue, LLC


Acadia 2914 Third Avenue LLC


Acadia 330 River Street LLC


Acadia 3319 Atlantic Avenue LLC


Acadia 4401 White Plains Road LLC


Acadia 56 East Walton LLC


Acadia 5-7 East 17 th Street LLC


Acadia 654 Broadway LLC


Acadia 654 Broadway Member LLC


Acadia 654 Broadway Owner LLC


Acadia Absecon LLC


Acadia Albee LLC


Acadia Albertsons Investors LLC


Acadia Atlantic Avenue LLC


Acadia Bartow Avenue, LLC


Acadia Berlin LLC


Acadia Boonton LLC


Acadia Brandywine Condominium, LLC


Acadia Brandywine Holdings, LLC


Acadia Brandywine Subsidiary, LLC


Acadia Brandywine Town Center, LLC


Acadia Brentwood LLC


Acadia Cambridge LLC


Acadia Canarsie LLC


Acadia Chestnut LLC


Acadia Chicago LLC


Acadia Clark-Diversey LLC


Acadia Cortlandt LLC


Acadia Crescent Plaza LLC


Acadia Crossroads, LLC


Acadia Cub Foods Investors LLC


Acadia D.R. Management LLC


Acadia East Fordham Acquisitions LLC





---




Acadia Elmwood Park LLC


Acadia Gold Coast LLC


Acadia Hawk LLC


Acadia Heathcote LLC


Acadia Hendon Hitchcock Plaza, LLC


Acadia Heritage Shops LLC


Acadia Hobson LLC


Acadia K-H, LLC


Acadia L.U.F. LLC


Acadia Liberty LLC


Acadia Lincoln Park B Member LLC


Acadia Lincoln Park Centre LLC


Acadia Lincoln Park LLC


Acadia Lincoln Road LLC


Acadia Mad River Property LLC


Acadia Marcus Avenue LLC


Acadia Mark Plaza LLC


Acadia Market Square, LLC


Acadia Marsh Investors, LLC


Acadia MCB Holding Company LLC


Acadia Mercer Street LLC


Acadia Merrillville Realty, Inc.


Acadia Merrillville Realty, L.P.


Acadia Mervyn I, LLC


Acadia Mervyn II, LLC


Acadia Mervyn Investors I, LLC


Acadia Mervyn Investors II, LLC


Acadia Mervyn Promote Member I, LLC


Acadia Mervyn Promote Member II, LLC


Acadia Naamans Road LLC


Acadia New Loudon, LLC


Acadia Pacesetter LLC


Acadia Pelham Manor LLC


Acadia Property Holdings, LLC


Acadia Realty Acquisition I, LLC


Acadia Realty Acquisition II, LLC


Acadia Realty Acquisition III LLC


Acadia Republic Farmingdale LLC


Acadia Rex LLC


Acadia Second City 1521 West Belmont LLC


Acadia Second City 2206-08 North Halsted LLC


Acadia Second City 2633 North Halsted LLC


Acadia Second City 843-45 West Armitage LLC


Acadia Second City Biggs Mansion LLC


Acadia Self Storage LLC


Acadia Self Storage Management Company LLC


Acadia Self Storage Management Investment Company LLC


Acadia Sheepshead Bay LLC


Acadia Sherman Avenue LLC





---




Acadia Shopko Investors LLC


Acadia SPE Boonton LLC


Acadia Storage Company LLC


Acadia Storage Post LLC


Acadia Storage Post Portfolio Company LLC


Acadia Strategic Opportunity Fund II, LLC


Acadia Strategic Opportunity Fund III LLC


Acadia Strategic Opportunity Fund III Special Member LLC


Acadia Strategic Opportunity Fund, LP


Acadia Suffern LLC


Acadia Tarrytown, LLC


Acadia Town Line, LLC


Acadia Urban Development LLC


Acadia Urban Management Services LLC


Acadia Walnut Hill LLC


Acadia West 54 th Street LLC


Acadia West Diversey LLC


Acadia West Shore Expressway LLC


Acadia Westport LLC


Acadia-Washington Square Albee LLC


Acadia-Washington Square Kingsbridge LLC


ACRS II LLC


ACRS, Inc.


Albee Development LLC


AmCap Acadia Agent, LLC


AmCap Acadia Benton, LLC


AmCap Acadia Indianapolis, LLC


AmCap Acadia K-H Holding, LLC


AmCap Acadia K-H, LLC


AmCap Acadia Tulsa, LLC


AMCB Perring LLC


A-MCB White Oak LLC


Aspen Cove Apartments, LLC


Brandywine Town Center Maintenance Company LLC


BTS Boonton, L.L.C.


Canarsie Plaza LLC


Crossroads II


Crossroads II, LLC


Crossroads Joint Venture


Crossroads Joint Venture, LLC


Fordham Place Office LLC


GDC Beechwood, LLC


GDC SMG, LLC


Heathcote Associates, L.P.


Lincoln Road III LLC


Mark Plaza Fifty L.P.


Mark Twelve Associates, L.P.


Pacesetter/Ramapo Associates


RD Abington Associates Limited Partnership





---




RD Absecon Associates, L.P.


RD Bloomfield Associates Limited Partnership


RD Branch Associates L.P.


RD Elmwood Associates, L.P.


RD Hobson Associates, L.P.


RD Methuen Associates Limited Partnership


RD Smithtown, LLC


RD Woonsocket Associates Limited Partnership


Self Storage Management LLC


SMG Celebration, LLC


Storage Post Holdings LLC


White City East Partners LLC


White City Partners Holding Company LLC


White City Partners LLC