Comedy teams Morgan Freeman and Diane Keaton.

Richard Loncraine (‘The Gathering Storm,’ ‘My One and Only,’ ‘Firewall,’ ‘Wimbledon,’ ‘Richard III’) is stepping behind the camera to direct Morgan Freeman and Diane Keaton in ‘Life Itself,’ a comedy based on the Jill Ciment novel ‘Heroic Measures.’

Featuring a script by Charlie Peters, the comedy centres on Ruth (Keaton) and Alex (Freeman), a long-married New York couple who get sucked into a comical bidding war when they put their beloved East Village apartment on the market — and must come to terms with the possibility of moving from the home where they have spent most of their adult lives.

‘Life Itself’ will be co-produced by Morgan’s Revelations Entertainment banner and Latitude Productions.