EX-21.1

Exhibit 21.1

LIST OF AFFILIATES OF

ACADIA REALTY TRUST


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
Acadia Realty Limited Partnership		DE
ARLP GS LLC		DE
100 Bull LLC		DE
102 EB LLC		DE
1035 Third Avenue LLC		DE
1045 Madison Retail Owner LLC		DE
106 Spring Retail Owner LLC		DE
107 N. 6th Street Owner LLC		DE
109 N 6th Owner LLC		DE
11 East Walton LLC		DE
110 UP NY LLC		DE
1100 N. State Lender LLC		DE
1165 Madison Retail Owner LLC		DE
120 West Broadway Lender LLC		DE
120 West Broadway LLC		DE
121 Spring Street Owner LLC		DE
123-129 N 6th Owner LLC		DE
1238 Wisconsin Holdco LLC		DE
1238 Wisconsin Lender LLC		DE
1238 Wisconsin Owner LLC		DE
129 Fifth Ave Retail LLC		DE
131-135 Prince Street LLC		DE
1324 14th Street Owner LLC		DE
135 East 65th Street Lender LLC		DE
146 Geary LLC		DE
146 Geary Member LLC		DE
151 North State Owner LLC		DE
152-154 Spring Street Lender LLC		DE
152-154 Spring Street Retail LLC		DE
1526 14th Street Owner LLC		DE
1529 14th Street Owner LLC		DE
158 East 126th Street LLC		DE
163 Highland Owner LLC		DE
165 E 66th Retail LLC		DE
165 Newbury Street Owner LLC		DE
17 East 71 Street LLC		DE
1718 Henderson Ave Owner LLC		DE
182-186 Spring Street Lender LLC		DE
1834 Henderson Ave Owner LLC		DE
188 Spring Street Lender LLC		DE
1964 Union Member LLC		DE
201 Needham Street Owner LLC		DE
201 WB LLC		DE
210 Bowery LLC		DE
210 Bowery Owners LLC		DE
210 Bowery Residential Owners LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
2107 & 2115 Henderson Ave Owner LLC		DE
2117 Henderson Ave Owner LLC		DE
230/240 WB LLC		DE
239 Greenwich Associates Limited Partnership		CT
241 Bedford JV LLC		DE
241 Bedford JV Member LLC		DE
241 Bedford Mezz Owner LLC		DE
241 Bedford Owner LLC		DE
241 Bedford Portfolio Lender LLC		DE
2520 Flatbush Avenue LLC		DE
252-264 Greenwich Avenue Retail LLC		DE
2622-2634 Henderson Ave Owner LLC		DE
2675 City Center Partner LLC		DE
2675 Geary Boulevard LP		DE
27 East 61st Street LLC		DE
300 WB LLC		DE
3131 M Street Owner LLC		DE
313-315 Bowery Lender LLC		DE
313-315 Bowery LLC		DE
3200 M Street Lender LLC		DE
350 Bleecker Owner LLC		DE
350 Bleecker Parking LLC		DE
367-369 Bleecker Owner LLC		DE
37 Greene Street Owner LLC		DE
382-384 Bleecker Owner LLC		DE
387 Bleecker Owner LLC		DE
41 Greene Street Owner LLC		DE
45 Greene Street Owner LLC		DE
453 Broome Street Owner LLC		DE
47-49 Greene Street Owner LLC		DE
51 Greene Street Owner LLC		DE
53 Greene Street Owner LLC		DE
555 9th Street LP		DE
555 9th Street Partner LLC		DE
565 Broadway Owner LLC		DE
57-63 Greene Acquisition LLC		DE
57-63 Greene Street NYC Lender LLC		DE
61 Main Street Owner LLC		DE
640 Broadway Lender LLC		DE
640 Broadway Member LLC		DE
640 Broadway Owners LLC		DE
640 Broadway Owners Subsidiary I LLC		DE
640 Broadway Owners Subsidiary II LLC		DE
70 N. 6th Street Owner LLC		DE
717 N Michigan Ave Owner LLC		DE
717 N Michigan Ave Owner Subsidiary LLC		DE
73 Wooster Retail LLC		DE
801 Madison Avenue Owner LLC		DE
8-12 East Walton LLC		DE
830 NMA Lender LLC		DE
830 Strategic Capital Investor LLC		DE
840 North Michigan Avenue Acquisition LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
8431 Melrose General Partner LLC		DE
8431 Melrose LP		DE
8436-8452 Melrose General Partner LLC		DE
8436-8452 Melrose Owner LP		DE
849 W. Armitage Owner LLC		DE
85 Fifth Ave Property Owner LLC		DE
850 Third Preferred Equity Member LLC		DE
865 West North Avenue LLC		DE
868 Broadway LLC		DE
8833 Beverly Lender LLC		DE
900 Block I Holdings LLC		DE
900 W Randolph Preferred Member LLC		DE
907 W. Armitage Owner LLC		DE
912 W. Armitage Owner LLC		DE
917 W. Armitage Owner LLC		DE
92-94 Greene Retail Owner LLC		DE
93 N. 6th Street Owner LLC		DE
95 N. 6th Street Owner LLC		DE
97 N. 6th Street Owner LLC		DE
991 Madison Ave LLC		DE
A/L 3200 M Street LLC		DE
ABR Amboy Road LLC		DE
ABS Investor LLC		DE
ABS Opportunities, LLC		DE
ABS Preferred Equity Member LLC fka Broughton Street Partners Lender LLC		DE
Acadia 1520 Milwaukee Avenue LLC		DE
Acadia 152-154 Spring Street Retail LLC		DE
Acadia 161ST Street LLC		DE
Acadia 181 Main Street LLC		DE
Acadia 239 Greenwich Avenue, LLC		DE
Acadia 28 Jericho Turnpike LLC		DE
Acadia 2914 Third Avenue LLC		DE
Acadia 3200 M Street LLC		DE
Acadia 3780-3858 Nostrand Avenue LLC		DE
Acadia 4401 White Plains Road LLC		DE
Acadia 56 East Walton LLC		DE
Acadia 5-7 East 17th Street LLC		DE
Acadia 639 West Diversey LLC		DE
Acadia 83 Spring Street LLC		DE
Acadia Absecon LLC		DE
Acadia Albee LLC		DE
Acadia Albertsons Investors LLC		DE
Acadia Bartow Avenue, LLC		DE
Acadia Bloomfield NJ LLC		DE
Acadia Brandywine Holdings, LLC		DE
Acadia Brentwood LLC		DE
Acadia Chestnut LLC		DE
Acadia Chicago LLC		DE
Acadia Clark-Diversey LLC		DE
Acadia Connecticut Avenue LLC		DE
Acadia Cortlandt Crossing LLC		DE
Acadia Cortlandt LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
Acadia Crescent Plaza LLC		DE
Acadia Crossroads, LLC		DE
Acadia Cub Foods Investors LLC		DE
Acadia D.R. Management LLC		DE
Acadia Elmwood Park LLC		DE
Acadia Fund IV Investments LLC		DE
Acadia Gold Coast LLC		DE
Acadia Gotham Member LLC		DE
Acadia Heathcote LLC		DE
Acadia Hobson LLC		DE
Acadia Investors III, Inc.		MD
Acadia Investors IV, Inc.		MD
Acadia L.U.F. LLC		DE
Acadia Mad River Property LLC		DE
Acadia Mark Plaza LLC		DE
Acadia Market Square, LLC		DE
Acadia MCB Holding Company II LLC		DE
Acadia MCB Holding Company LLC		DE
Acadia Mercer Street LLC		DE
Acadia Merrillville LLC		DE
Acadia Merrillville Realty, L.P.		IN
Acadia Mervyn II, LLC		DE
Acadia Mervyn Investors II, LLC		DE
Acadia Naamans Road LLC		DE
Acadia New Loudon, LLC		DE
Acadia North Michigan Avenue LLC		DE
Acadia Nostrand Avenue LLC		DE
Acadia Pacesetter LLC		DE
Acadia Pelham Manor LLC		DE
Acadia Property Holdings, LLC		DE
Acadia Realty Acquisition II, LLC		DE
Acadia Realty Acquisition III LLC		DE
Acadia Realty Acquisition IV LLC		DE
Acadia Realty Acquisition V LLC		DE
Acadia Republic Farmingdale LLC		DE
Acadia Rush Walton LLC		DE
Acadia Second City 1521 West Belmont LLC		DE
Acadia Second City 2206-08 North Halsted LLC		DE
Acadia Second City 2633 North Halsted LLC		DE
Acadia Second City 843-45 West Armitage LLC		DE
Acadia Self Storage Management Company LLC		DE
Acadia SP Investor LLC		DE
Acadia Strategic Opportunity Fund II, LLC		DE
Acadia Strategic Opportunity Fund III LLC		DE
Acadia Strategic Opportunity Fund III Special Member LLC		DE
Acadia Strategic Opportunity Fund IV LLC		DE
Acadia Strategic Opportunity Fund IV Promote Member LLC		DE
Acadia Strategic Opportunity Fund IV Special Member LLC		DE
Acadia Strategic Opportunity Fund V LLC		DE
Acadia Strategic Opportunity Fund V Promote Member LLC		DE
Acadia Strategic Opportunity Fund V Special Member LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
Acadia Town Center Holdco LLC		DE
Acadia Town Line, LLC		CT
Acadia Urban Development LLC		DE
Acadia West 54th Street LLC		DE
Acadia West Diversey LLC		DE
Acadia West Shore Expressway LLC		DE
Acadia-Washington Square Albee LLC		DE
ACRS II LLC		DE
ACRS, Inc.		DE
AFWV Investor Member LLC		DE
Airport Mall Owner LLC		DE
A-K JV I LLC		DE
Albee Development LLC		DE
Albee Food LLC		DE
Albee Phase 3 Development LLC		DE
Albee Retail 21 Development LLC		DE
Albee Retail Development LLC		DE
AMCB Bloomfield LLC		DE
AMCB Eden Square LLC		DE
AMCB Kennedy LLC		DE
AMCB Manassas Promenade LLC		DE
AMCB Rhode Island Mall Owner LLC		DE
AP Union II LLC		DE
ARA IV Class A Member LLC		DE
BDG Gotham Plaza LLC		DE
Bedford Green LLC		DE
Beverly Owner GP LLC		DE
Beverly Owner Holdco LP		DE
Beverly Owner LP		DE
BKLYN Studios LLC		DE
Bleecker Street Owner Holdco LLC		DE
Brandywine Town Center Maintenance Corporation		DE
Brandywine Town Center/Market Square Lender LLC		DE
Broughton Street Partners Company II LLC		DE
Broughton Street Partners Company LLC		DE
California & Armitage Main Owner LLC		DE
California & Armitage Outparcel Owner LLC		DE
Canton Marketplace Owner LLC		DE
City Point 21 Development LLC		DE
City Point Retail Development LLC		DE
Concord & Milwaukee Owner LLC		DE
Cortlandt Crossing Sewage Works Corporation		NY
Cortlandt Town Center Member LLC		DE
Crossroads II		NY
Crossroads II, LLC		DE
Crossroads Joint Venture		NY
Crossroads Joint Venture, LLC		DE
Cypress Creek Atlantic LLC		DE
Cypress Creek G5 LLC		DE
Cypress Creek G6 LLC		DE
Cypress Creek Power Center LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
Dauphin Plaza Member LLC		DE
Dauphin Plaza Owner LLC		DE
DC Management Services LLC		DE
DC TRS Management Services LLC		DE
Dekalb Market Hall LLC		DE
Elk Grove General Partner LLC		DE
Elk Grove Owner LP		DE
Fairlane Green Condo Manager LLC		DE
Fairlane Green Owner LLC		DE
FAPFABI LLC		DC
FC Riverdale Investor Member LLC		DE
FC Riverdale Lender LLC		DE
FC Riverdale Shopping Center, LLC		DE
Fifth Wall Ventures Retail Fund, L.P.		DE
Frederick County Square Improvements, LLC		DE
Frederick Crossing Improvements, LLC		DE
Frederick Crossing Operator, LLC		DE
Fund II Lender LLC		DE
George Washington Bridge Bus Station Development Venture LLC		DE
Georgetown Ownership Associates LLC		DE
Gotham Lender LLC		DE
Gotham Member LLC		DE
GT Metro Portfolio Member LLC		DE
Heathcote Associates, L.P.		NY
Henderson Ave Dev 1 Owner LLC		DE
Henderson Ave Dev 2 Owner LLC		DE
Henderson Ave Dev 3 Owner LLC		DE
Henderson Ave Grand Owner LLC		DE
Henderson Ave Land Owner LLC		DE
Henderson Ave Lots Owner LLC		DE
Henderson Ave Main Owner LLC		DE
Henderson Ave Shops Owner LLC		DE
Henderson JV LLC		DE
Henderson MM LLC		DE
Henderson Portfolio Owner LLC		DE
Henderson TRS Management Services LLC		DE
Hickory Ridge Owner LLC		DE
Hiram Pavilion Owner LLC		DE
Highwoods Preserve MM LLC		DE
Highwoods Preserve Owner LLC		DE
Highwoods Preserve Venture LLC		DE
JP Waterville Owner LLC		DE
La Frontera Holdco LLC		DE
La Frontera Improvements, LLC		DE
La Frontera Lender LLC		DE
La Frontera Landlord, LLC		DE
La Frontera Member LLC		DE
Lake Montclair-Dumfries, VA LLC		DE
Landstown Commons Owner LLC		DE
Lincoln Commons Owner LLC		DE
Lincoln Place SC Owner LLC		DE
Loop 2024 JV Holdings I, LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
Loop 2024 JV Holdings II, LLC		DE
Loop 2024 Vegas Propco, LLC		DE
Loop Marquee OM LLC		DE
Loop OM LLC		DE
L.U.F. Associates LLC		DC
LV Management Services LLC		DE
LV TRS Management Services LLC		DE
Maple Tree Place Owner LLC		DE
Mark Plaza Fifty L.P.		PA
Mark Twelve Associates, L.P.		PA
Marquee Newco, LLC		DE
Mayfair Center Owner LLC		DE
MCB Bloomfield LLC		NJ
MC MP 850 Third Holdings LLC		DE
Mid-Atlantic Portfolio Holdings, LLC		DE
Mid-Atlantic Portfolio Lender LLC		DE
Mid-Atlantic Portfolio Member LLC		DE
Midstate Owner LLC		DE
Mohawk Commons Member LLC		DE
Mohawk Commons Owner LLC		DE
Monroe Marketplace Owner LLC		DE
New Towne Center Owner LLC		DE
North & Kingsbury Owner LLC		DE
Pacesetter Lender LLC		DE
Pacesetter/Ramapo Associates		NY
Palm Coast Landing Owner LLC		DE
Pinewood Management Services LLC		DE
Pinewood Square JV Holdings LLC		DE
Pinewood Square Member LLC		DE
Pinewood Square Owner LLC		DE
Pinewood TRS Management Services LLC		DE
Plaza Santa Fe Owner LLC		DE
RD Abington Associates Limited Partnership		DE
RD Absecon Associates, L.P.		DE
RD Bloomfield Associates Limited Partnership		DE
RD Branch Associates L.P.		NY
RD Elmwood Associates, L.P.		DE
RD Hobson Associates, L.P.		DE
RD Methuen Associates Limited Partnership		MA
RD Smithtown, LLC		NY
Renaissance Portfolio Lender LLC		DE
Restaurants at Fort Point LLC		DE
RIM Member LLC		DE
Roosevelt Galleria LLC		DE
SC Retail Owner LLC		DE
Shops At Grand Avenue LLC		DE
Shops at Grand MM LLC		DE
Shops at Grand Owner LLC		DE
Shops at Grand Venture LLC		DE
South Hills Lender LLC		DE
South Hills Member LLC		DE
South Hills Owner LLC		DE


SUBSIDIARIES		JURISDICTION OF INCORPORATION/ ORGANIZATION
SP Holdings II LLC		DE
State & Washington Food Hall LLC		DE
State & Washington Owner LLC		DE
Storage Post Member I LLC		DE
Strategic Capital Holdco LLC		DE
Strategic Opportunity Acquisition LLC		DE
Strategic Opportunity Acquisition III LLC		DE
Strategic Opportunity Acquisition IV LLC		DE
Strategic Opportunity Acquisition V LLC		DE
Strategic Opportunity Fund Acquisition LLC		DE
Strategic Opportunity Special Member LLC		DE
Suburban Management Services I LLC		DE
SV Condo Management Services LLC		DE
SV Member LLC		DE
SV Preferred Provider LLC		DE
SV Property Manager LLC		DE
SV TRS Management Services LLC		DE
SV TRS Asset Management Services LLC		DE
Tri-City Plaza Lender LLC		DE
Tri-City Plaza Member LLC		DE
Tri-City Plaza Owner LLC		DE
Trussville Promenade I Owner LLC		DE
Trussville Promenade II Owner LLC		DE
Urban Development Member LLC		DE
Urban Management Services LLC		DE
Wake Forest Crossing Owner LLC		DE
West Cobb Owner LLC		DE
White Oak Lender LLC		DE
Wilshire Acquisition LLC		DE
Wood Ridge Improvements LLC		DE
Wood Ridge Plaza Member LLC		DE