Baz Luhrmann Just Relisted His Dramatic N.Y.C. Townhouse for $16 Million

Baz Luhrmann’s New York City townhouse is back on the market, but you might not recognize it.

The Hollywood filmmaker and his wife, costume designer Catherine Martin, have treated the stately Manhattan residence to an epic makeover and relisted it for just under $16 million. The palatial pad was first listed for $20 million in March 2022, then returned to the market in September 2023 with a price tag of $18 million. (In between, an unnamed tenant rented the house for a whopping $75,000 a month.) The current asking price seems like a bargain, then.

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“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,” the Corcoran Group writes.

The Luhrmann’s have actually been working on the Stuyvesant Park brownstone for quite some time. The couple originally bought the 8,500-square-foot property in 2017 for $13.5 million. Two years later, they gave the place a makeover so impressive (and so massive) that it earned a spot in Robb Report’s annual Best of the Best issue. The five-story home was recently transformed from top to bottom by New York-based Interior Marketing Group. The historic Anglo-Italianate abode features six bedrooms, five full bathrooms, two powder rooms, an ivy-clad backyard, and an elevator. Highlights include soaring 16-foot ceilings, arched doorways, original moldings, five fireplaces, and a grand floating staircase.

On the main parlor level, full-length windows and a cast-iron Juliet balcony overlook the park. To the rear, the primary suite is equipped with an en suite, a huge walk-in closet, and a private terrace. Elsewhere, the 28-foot-wide townhouse sports a Clive Christian-designed kitchen with top-of-the-line appliances from Viking and Sub-Zero, marble countertops, and painted pine cabinets.

Down below, the basement is configured as a media room where you can perhaps screen one of the Tony Award-winning director’s famous flicks. Speaking of which, the uppermost floor used to be occupied by renowned jazz tenor saxophonist Clifford Jordan and later served as Luhrmann’s studio where he’s said to have penned the script for Elvis. The floor is now set up as a standalone one-bedroom, one-bathroom suite with a living room, a bar, and a gym. Talk about theatrical charm.

Broker Steve Gold of the Corcoran Group holds the listing.

Click here to see more photos of Baz Luhrmann’s townhouse. 

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