Baldwin made his Broadway debut in 1986, in a revival of Joe Orton's Loot alongside theatre veterans Zoe Wanamaker, Zeljko Ivanek, Joseph Maher and Charles Keating. This production closed after three months. His other Broadway credits include Caryl Churchill's Serious Money with Kate Nelligan and a highly acclaimed revival of Tennessee Williams' A Streetcar Named Desire; his performance as Stanley Kowalski garnered him a Tony Award nomination for Best Actor. This production also featured Jessica Lange, Amy Madigan, Timothy Carhart, James Gandolfini, and Aida Turturro. Baldwin would receive an Emmy nomination for the television version of the production, in which both he and Lange reprise their roles. That version featured John Goodman and Diane Lane. In 1998, Baldwin played the title role in Macbeth at the Public theater alongside Angela Bassett and Liev Schreiber. The production was directed by George C. Wolfe. In 2004, Baldwin starred in a revival of Twentieth Century with Anne Heche. On June 9, 2005, he appeared in a concert version of the Rogers and Hammerstein musical South Pacific at Carnegie Hall. He starred as Luther Billis, alongside Reba McEntire as Nellie and Brian Stokes Mitchell as Emile. The production was taped and telecast by PBS on April 26, 2006. In 2006, Baldwin made theater news in Roundabout Theatre Company's Off-Broadway revival of Joe Orton's Entertaining Mr. Sloane.