Paul Thomas Anderson's new film, Inherent Vice, will premiere at the New York Film Festival on October 4.
Based on the book of the same name by Thomas Pynchon, the film stars Joaquin Phoenix as a pot-smoking private investigator in 70s California.
David Fincher's mystery Gone Girl will also premiere at the festival, which runs from September 26 to October 12.
The New York Film Festival has good form in terms of Academy Award winners, given its first showings of Ang Lee's Life of Pi and Spike Jonze's Her.
Anderson's previous film, The Master, which also starred Phoenix, launched at the Venice Film Festival in 2012. Despite numerous nominations, it failed to win an Oscar.
Inherent Vice tells the story of drug-addled Larry 'Doc' Sportello, a private detective who is drawn into a murder investigation after taking on a case from an ex-girlfriend.
The cast also includes Josh Brolin, Benicio del Toro, Reese Witherspoon and Owen Wilson.
Pynchon's book, which blends factual narratives such as the arrest and trial of the Manson Family with fiction, was adapted by Anderson.