Depressed by the direction his life is taking, Harry decides to take his own life by jumping off the Manhattan Bridge. At the last minute he's stopped by old friend Milt Manville, a successful stock broker. Milt, however, is facing his own problem: he has fallen out of love with his argumentative wife, Ellen. In a misguided effort to solve both of their problems, he introduces Ellen to Harry, hoping the two will fall in love.

A struggling painter begins taking inspiration from the dreams of his friend and roommate, a comic book fan who narrates an adventure story while he sleeps, but unbeknownst to the latter, the artist of his favorite comic book lives in the same building as they do with the model for her drawings.