CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration
Statements (Form S-8 Nos. 33-95966 and 333-87993) pertaining to the 1999 Share
Incentive Plan of Acadia Realty Trust; in the Registration Statement (Form S-3
No. 33-31630) of Acadia Realty Trust; in the Registration Statement (Form S-3
No. 333-104727) of Acadia Realty Trust; and in the Registration Statement (Form
S-8 No. 333-106758) pertaining to the 2003 Employee Share Incentive Plan of
Acadia Realty Trust of our report dated March 8, 2006, related to the
consolidated financial statements and schedule and the effectiveness of internal
control over financial reporting of Acadia Realty Trust included in this Annual
Report on Form 10-K for the year ended December 31, 2005.



                                    /s/ BDO Seidman, LLP


New York, New York
March 8, 2006