Exhibit 23.1

            Consent of Independent Registered Public Accounting Firm
            --------------------------------------------------------



Acadia Realty Trust
White Plains, New York

We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statements on Form S-8 (No. 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) or 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  November  30,  2006,  relating to the
consolidated  financial  statements,  which appear in this Current  Report (Form
8-K).


                                           /s/ BDO Seidman, LLP

BDO Seidman, LLP
New York, New York
December 1, 2006