In September 1980, Alice Kinnon and Charlotte Pingress, recent
Hampshire College graduates, work as poorly paid readers for a New York City publisher. After work one night, they enter an exclusive disco nightclub where Alice hopes to socialize with Jimmy Steinway, who uses the club to entertain his advertising clients. Barred from bringing clients, Jimmy is eventually kicked out by his friend Des McGrath, a manager at the club whose job is in jeopardy for allowing in Jimmy and his clients. After Jimmy leaves, Alice takes Charlotte's advice to go home with her second choice, Tom Platt. At work the next morning, Alice and Charlotte ask other editors how to fast-track their careers. Unable to afford rent on their own, they move in together with a third girl, Holly. Despite Alice's reluctance, they settle on a
railroad apartment. Returning to the club, Alice is upset to learn Charlotte has designs on Jimmy and that Tom was separated from a long-term girlfriend when he slept with Alice but their one-night stand convinced him to return to her. Des begins to pursue Alice. At work, Alice pursues the publication of a book on
Buddhism, written by the
Dalai Lama's brother, that Charlotte had previously recommended rejecting and gains the editors' respect. It is discovered that the author is not the Dalai Lama's brother, but Alice maintains the book is one of the best she has ever read. Charlotte, now dating Jimmy, is openly insecure about his and Alice's apparent friendliness. Charlotte loudly announces to various friends at the club that Alice has
gonorrhea, deducing it when Alice refuses to drink. She immediately apologizes but tells Alice it will make men view her as more accessible. Des does become more interested in being with Alice and they start dating casually. Alice has dinner with Tom and confronts him about giving her gonorrhea, which he initially denies but Alice reveals he was her first sexual partner. He admits he also gave her
herpes. Josh Neff, a
district attorney and friend of Jimmy's who frequently attends the club, asks Alice to lunch to pitch a book. He confesses he is actually interested in Alice and they go on a real date, where he tells her he is on medication for manic depression. Returning home, Alice discovers Charlotte being taken away in an ambulance and is told by Jimmy that he is moving to
Barcelona. At the hospital, Charlotte asks Alice if Jimmy ever expressed interest in being with her. When Alice admits that he did, Charlotte reacts with tears and tells her she would like her to move out of their shared apartment. Police raid the club for tax fraud and Des tries to run away despite Josh's promise to protect him, believing Josh's interest in Alice will cause him to act unfairly. They later discover that disco records are not selling anymore and attendance is already down. Alice and Charlotte learn their employer has merged with a larger publishing house and layoffs are expected. Some time later, Charlotte, Josh and Des are seen leaving the unemployment office. Josh announces he is going to
Lutèce for lunch, treated by Alice, who is celebrating her promotion and her book that was published after she switched it from
nonfiction to
self-help. Des and Charlotte discuss how their big personalities are too much for normal people like Alice, Josh and Jimmy. Des says that pairing off monogamously detracts from their glamorous lifestyle and Charlotte agrees. Later (dressed more casually than in the last scene), Josh is with Alice on the subway where they begin to dance to "
Love Train" and are then joined by the rest of the passengers on the train and at the subway station. == Cast ==