After 27 years of marriage—and public separation in 2023—Hugh Jackman and Deborra-Lee Furness have take the next step in their divorce: dividing their prized Manhattan property portfolio. The spotlight is now on one of their most striking assets: a two-level, glass-wrapped penthouse in Chelsea, Manhattan.
The Penthouse Buy-Out: A Modern Phoenix Story
Purchased together in 2022 for approximately US $21 million, this 5,000 sq ft residence—complete with private elevator, sprawling terraces, chef’s kitchen, and Hudson River views—was quietly transferred to an entity tied to Furness, Phoenix Rising I LLC. The name hints at rebirth, mirroring her next chapter.
Here’s the financial breakdown:
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Appraised Value: ~$23.6 million
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Transfer Price: $11.7 million—a strategic buy-out reflecting half of the home's value
The transaction closed just two days before Furness officially filed for divorce in late May 2025. Legal filings confirm the split is uncontested, simplifying proceedings to a judge’s final approval.
Beyond Chelsea: A Worldwide Empire of High-Value Real Estate
This penthouse is just one component of the couple’s estimated US $250 million fortune. Other notable assets include:
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A West Village triplex—originally purchased in 2008 and briefly listed for ~$38.9M in 2022, now taken off market
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A Hamptons beach house (~US $3.5 million).
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A Bondi Beach waterfront home (~US $5.9 million), reportedly staying with Jackman
According to insiders, Jackman will retain the Bondi property and has assumed sole ownership of the Chelsea penthouse, where he is reportedly living with new partner Sutton Foster.
Personal Fallout & Public Narrative
Although the divorce filings remain civil, reports indicate tension behind the scenes—especially with speculations of betrayal following Jackman’s close relationship with Broadway co-star Sutton Foster. Furness has publicly acknowledged feelings of hurt, describing her journey as "traumatic" and referencing it as a "profound wound" upon filing on May 23, 2025 .
Despite challenges, the divorce is unfolding smoothly in court—uncontested and nearing final approval, according to legal filings. Terms also reportedly include spousal support, ensuring Furness remains financially secure.
What This Signals in Celebrity Real Estate
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💡 Quiet Transfers: High-value celebrity assets are often transferred via LLCs to maintain discretion and control.
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🔁 Acquisition Strategy: Buying out shared assets—rather than immediate listing—can offer more favorable financial and emotional outcomes.
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🌍 Global Holdings: Their real estate footprint underscores how assets can span major markets—NYC, Australia, Hamptons—each requiring strategic division.
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💔 Reinvention & Identity: The Phoenix Rising LLC is a symbolic rebirth for Furness, marking her new independent chapter.
Final Thoughts
This property division is more than a financial move—it’s a deeply emotional milestone after nearly three decades together. Fans and onlookers are watching how this real estate split paves the way for both celebrities to rebuild their lives separately yet securely.
