Director James Gray (We Own the Night, The Yards, Two Lovers) is currently in the process of setting up his next film project, a period drama called Low Life. He's brought together one hell of a great cast that includes Jeremy Renner, Joaquin Phoenix and Marion Cotillard. I know that Phoenix has been out of the game for awhile, ever since he made that jacked up mockumentary I'm Still Here, but he's always been a talented actor that I'm looking forward to seeing back up on the big screen again.
As far as the story goes, according to Deadline, "Cotillard will play a woman attempting to immigrate from Poland. Her American dream turns into a nightmare. While sailing to Ellis Island and a new start, her sister grows deathly ill and she is forced to trade sexual favors for medicine and food to keep her sister alive. Once they land, she is warned to keep quiet about what happened. Though she does, she walks away with immigration papers that deem her a woman with bad morals. With no place to go, she falls prey to a charming sleazebag (Phoenix), who persuades her to turn tricks in New York. Renner is close to signing on to play the sleazebag's cousin, a magician who sweeps the young woman off her feet and is her best chance to escape the nightmarish life she has fallen into."
This sounds like a great period drama with an engaging story, and interesting characters. There's a very talented creative team behind this, so this should end up being a solid film. The plan is to start shooting the film next year.