After world premiering at the 39th edition of the Toronto International Film Festival (TIFF) last fall, director Richard Loncraine’s dramedy, initially titled "Ruth & Alex," which stars Morgan Freeman and Diane Keaton, was picked up by Focus and now has a May 8 theatrical release debut set.

Currently titled "5 Flights Up," the film tells a story that takes place over a long weekend, when an older New York couple (played by Freeman and Keaton, an artist and a retired teacher) try to sell their East Village apartment, where they’ve lived for 40 years, and for which there is a huge bidding war, leading to various unexpected real estate-related issues they have to resolve. And as the couple makes an offer on a new apartment, they look back on years of memories they made in their old home.

Cynthia Nixon co-stars in the film, along with Michael Cristofer, Claire Vanderboom, Korey Jackson, Carrie Preston, Sterling Jerins, Josh Pais, and Miriam Shor.

The screenplay was written by Charlie Peters.

Rated PG-13, watch the first trailer for "5 Flights Up" below: