In the midst of scandal and scrutiny, Park Avenue Princess Tinsley Mortimer gives up her Upper East Side address for a Midtown loft as part of her high-profile divorce. Tinsley's sister, Dabney Mercer, moves in with socialite bad girl Jules Kirby, and New York City "It Boy" Paul Johnson Calderon lobbies for money from his trust fund. Meanwhile, an AIDS benefit after-party turns into a disaster with NYPD arriving at the scene.