Times Square, 1977. After his early successes managing the Hi-Hat and French Parlor, Vincent (James Franco) is now proprietor of a new mob-backed disco, Club 366, while his girlfriend Abby (Margarita Levieva) has brought the nascent punk-rock culture into the Hi-Hat. Vincent's twin brother, Frankie (James Franco), remains a problem, "borrowing" money from Show Land, the sex emporium he manages, to pay off his debts.
Candy (Maggie Gyllenhaal), now a "triple threat" as a porn actress, producer and director, is looking to make more artful, ambitious adult films, over the objections of her collaborator, Harvey (David Krumholtz). C.C. (Gary Carr) pulls a con on Bernie Wolf (Stephen Gevedon), the director of a porn film starring Lori (Emily Meade), to get her more money.
Hoping to launch a more upscale gay nightclub, Paul (Chris Coy) looks to sever mob ties from his current bar. Alston (Lawrence Gilliard, Jr.), now a homicide detective, is approached by Gene Goldman (Luke Kirby), a civil servant appointed by Mayor Koch to clean up Times Square.
