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These excerpts taken from the AKR 8-K filed Jan 12, 2006. MEMBERS, ADDRESSES, INITIAL CAPITAL ACCOUNTS AND INTEREST
PERCENTAGES Managing Member ACADIA REALTY ACQUISITION I, LLC c/o Acadia Realty Trust 1311 Mamaroneck Avenue, Suite 260 White Plains, New York 10605
Initial Capital Account: $2,621,071 Interest Percentage: 22.22%
Members
Samuel Ginsburg GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $4,587,464.50 Interest Percentage: 38.89%
Martin Ginsburg Ginsburg Development Companies, LLC 100 Summit Lake Drive Suite 100 Valhalla, NY 10595 Initial Capital Account: $4,587,464.50 Interest Percentage: 38.89%
SCHEDULE B MEMBERS, ADDRESSES, INITIAL CAPITAL ACCOUNTS AND INTEREST PERCENTAGES
Managing Member ACADIA REALTY ACQUISITION I, LLC c/o Acadia Realty Trust 1311 Mamaroneck Avenue, Suite 260 White Plains, New York 10605
Initial Capital Account: $5,661,350 Interest Percentage: 22.22%
Members
Samuel Ginsburg GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $9,908,635.50 Interest Percentage: 38.89%
Martin Ginsburg Ginsburg Development Companies, LLC 100 Summit Lake Drive Suite 100 Valhalla, NY 10595 Initial Capital Account: $9,908,635.50 Interest Percentage: 38.89%
SCHEDULE B MEMBERS, ADDRESSES, INITIAL CAPITAL ACCOUNTS AND INTEREST PERCENTAGES
Managing Member ACADIA REALTY ACQUISITION I, LLC c/o Acadia Realty Trust 1311 Mamaroneck Avenue, Suite 260 White Plains, New York 10605
Initial Capital Account: $3,382,773 Interest Percentage: 22.22%
Members
Samuel Ginsburg GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $5,920,613.50 Interest Percentage: 38.89%
Martin Ginsburg Ginsburg Development Companies, LLC 100 Summit Lake Drive Suite 100 Valhalla, NY 10595 Initial Capital Account: $5,920,613.50 Interest Percentage: 38.89%
SCHEDULE B MEMBERS, ADDRESSES, INITIAL CAPITAL ACCOUNTS AND INTEREST
PERCENTAGES Managing Member ACADIA REALTY ACQUISITION I, LLC c/o Acadia Realty Trust 1311 Mamaroneck Avenue, Suite 260 White Plains, New York 10605
Initial Capital Account: $15,142,692 Interest Percentage: 22.22%
Members
Samuel Ginsburg GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $530,062.37 Interest Percentage: 0.78%
Martin Ginsburg Ginsburg Development Companies, LLC 100 Summit Lake Drive Suite 100 Valhalla, NY 10595 Initial Capital Account: $530,062.37 Interest Percentage: 0.78%
Martin Ginsburg 2000 Trust Agreement #1 GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $25,973,056.13 Interest Percentage: 38.11%
Samuel Ginsburg 2000 Trust Agreement #1 GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $23,322,744.28 Interest Percentage: 34.22%
Adam Ginsburg GDC Properties, Inc. 245 Saw Mill River Road Hawthorne, New York 10532 Initial Capital Account: $2,650,311.85 Interest Percentage: 3.89%
A-2
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