Hugh Jackman and Deborra-Lee Furness have slashed the price of their former marital home by $14 million AUD ($10.1 million USD).
The exes have struggled to sell the 5,000-square-foot three-bedroom property since it first went on sale in 2022, a year before their separation.
They were believed to have quietly listed the jointly owned New York City penthouse last year, and they have now dropped the price to $41.67 million AUD ($28.75 million USD).
The property, which has sweeping views of both the Hudson River and the Manhattan skyline, was initially on the market for $59.6 million AUD ($US38.9 million).
The stunning penthouse boasts four ensuite bedrooms, a library, a professional-grade kitchen, a sauna, and an additional 3,700 square feet of outdoor space.
The couple bought the property in 2008 for $30 million AUD ($21.1 million USD) and lived there together until their separation in September 2023.
According to reports, Dev has already bought Hugh out of a second property they owned together.
Following his split from Deb, Hugh has found love again with actress Sutton Foster, and they are believed to be living together in the NYC penthouse he once shared with Deb.
The couple, who went public with their relationship in January 2025, are said to be on the hunt for a “perfect family home“.
“It’s a very exciting time for Hugh and Sutton,” an insider exclusively told New Idea
“They’ve got over the worst hurdles in their divorces, and for the first time, they’re ready to move forward.”
“They need space to both grow and blend their families – and a place that Sutton can have a hand in decorating. The Chelsea penthouse, while stunning, is still an ode to Debs,” they added.
Hugh shares two children, Oscar, 25, and Ava, 20, with his ex-wife Deborra, while Sutton adopted a daughter, Emily, seven, with her estranged husband, Ted Griffin.
Hugh and Deb finalised their divorce in June 2025 after almost three decades together.
Meanwhile, news of Sutton’s divorce from her husband, Ted, broke in October 2024.
Hugh and Sutton are said to have their eye on marriage, with rumours swirling that Hugh may have popped the question over the New Year.
New Idea heard that Hugh popped the question on a romantic holiday to Costa Rica on a whim.
“It wasn’t a shock to Sutton as it’s something they’ve been talking about,” our source explained.
“But Hugh did get down on one knee, and she is in possession of a diamond solitaire she’ll show off when they’re ready.”
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