Baz Luhrmann relists NYC townhouse with a $2M price cut

Real Estate

Filmmaker Baz Luhrmann has once again put his Manhattan townhouse on the market, this time with its lowest price yet. 

The Aussie — known for such films as 1996’s “Romeo + Juliet,” 2001’s “Moulin Rouge” and 2013’s “The Great Gatsby” — has been trying to sell the 38-foot-wide Gramercy residence since 2022, when he listed it for a hair under $20 million, or $75,000 a month as a rental. 

The 243 E. 17th St. home was then taken off the market, only to return last fall with a $17.99 million price tag. No buyer was found, and it was once again removed at the beginning of this month before relisting last week for a discounted $15.99 million, according to Robb Report

Built in 1852, the six-bedroom, seven-bathroom Anglo-Italianate-style residence features 8,500 square feet of living space and five fireplaces. There’s also a media screening room, a butler’s pantry-equipped eat-in kitchen, a walled garden, a formal dining room, a gym, a bar, an elevator, and a parlor level primary suite with a private terrace and a walk-in closet. 

Luhrmann purchased the property in 2017. Nina Poon at MW Studio
One of six bedrooms. Nina Poon at MW Studio
One of seven bathrooms. Nina Poon at MW Studio
The home was built in 1852. Nina Poon at MW Studio
In all, the house has 8,500 square feet of living space. Nina Poon at MW Studio
The kitchen. Nina Poon at MW Studio
The screening room. Nina Poon at MW Studio
A living area. Nina Poon at MW Studio
The home’s entrance. Nina Poon at MW Studio
Baz Luhrmann. Getty Images

There are original details throughout — including moldings, arched doorways and a cast-iron Juliet wrap balcony.

Luhrmann, 61, shares the 172-year-old house with his wife, the Oscar-winning costume designer Catherine Martin, 59. 

Since COVID-19, the couple have found themselves in New York City significantly less as they spend more time traveling and in their native Australia, which is why they’re looking to offload the sumptuous abode. 

“Since the pandemic and making the movie ‘Elvis’ in Australia, our work has kept us mostly away from our New York City base,” Luhrmann previously told The Post of the house, which he purchased for $13.5 million in 2017. “We shot ‘Elvis’ entirely on the Gold Coast in Queensland and will continue to develop shows to be shot there.”

The listing, which is now held by Steve Gold of Corcoran, advertises “Whether you are looking for a home to entertain like Gatsby, or a tranquil and private abode to unwind and relax, No. 243 provides a unique opportunity to acquire a rare and significant piece of New York City real estate.”

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