The film opens to a seemingly domestic scene involving Mat (Josh Lucas), his girlfriend Andrea (Lucy Owen) and her son from a previous relationship. After a fiery breakup with his girlfriend, Mat is seen wandering the streets of New York with apparently nowhere to go. Meanwhile Alan (Stephen Plunkett) and his girlfriend Farrah (Mickey Sumner) are caught up in conversation in the aftermath of an ill-fated sexual encounter, preparing for a house party in their small Harlem brownstone apartment. The guests include friends of Farrah from her job working at a New York modern dance company as well as Alan’s co-workers from his job as a legal aid lawyer. In the midst of the party, as Farrah tends to guests, she spots Mat seated in the living room and Alan and Mat make eye contact linking the two seemingly separate story lines.
At the party, Alan informs Mat that he is about to leave the next morning with Farrah for a vacation to Quebec, where he intends to propose to his girlfriend. Later in the evening, Earl (Austin Pendleton), a friend of Mat and Alan’s father, arrives at the party escorted by a significantly younger, attractive Korean filmmaker. Earl regales the party guests with stories of his adventures in the late 1970s along with Mat and Alan’s father including a threesome sexual encounter. The party winds down early the next morning and Farrah awakens to realize that she and Alan are late for their flight. As Alan and Farrah hurry to the airport, Mat awakens in the empty apartment.