Director Baz Luhrmann’s townhouse returns to marke…

The extravagance of Baz Luhrmann films — from “Elvis” to “The Great Gatsby” and “Moulin Rouge!” — is visible in the Gilded Age townhouse he shares with his Oscar-winning wife, costumes and production designer Catherine Martin.

It’s now back on the market for $17.99 million — down from $20 million last year, when it was also listed as a $75,000-a-month rental. 

The 38-foot-wide residence, at 243 E. 17th St., was built in 1852. It has been featured in multiple shelter publications, including Elle Decor

At 8,500 square feet, it boasts six bedrooms, five baths, two powder rooms and five fireplaces. It’s the only Anglo-Italianate home in the area that wasn’t originally part of a row of narrow, uniform properties, according to listing broker and reality television star Steve Gold, of Corcoran. 

Lurhmann and Martin bought the home for $13.5 million in 2017 and renovated it in 2019. The sellers were soap star Noelle Beck Taslitz and her then-husband, Ford model turned restaurateur Eric Petterson, who owned the beloved former Union Square hotspots the Coffee Shop and Live Bait.

Close up of Baz Luhrmann.
Baz Luhrmann.

Interior of the staircase.
The townhouse’s coveted curved staircase.
Nina Poon at MW Studio

The couple is looking to sell because, well, life brings its changes.

“Since the pandemic and making the movie ‘Elvis’ in Australia, our work has kept us mostly away from our New York City base,” Luhrmann told Gimme Shelter. “We shot Elvis entirely on the Gold Coast in Queensland and will continue to develop shows to be shot there.”

The couple will also soon be empty nesters. With their daughter choosing to study in Australia, they’ll be spending more time there and embracing a more “nomadic” lifestyle that will include downsizing in New York.

“It’s bittersweet to be leaving this house where we hosted so many memorable parties, Thanksgivings and Christmases,” he added. “Our 17th Street…

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