 The Monkees travel to New York to meet a young producer, Mackinley Baker, at The Compton Plaza Hotel. Unfortunately, they find Baker just about to be evicted out of the room and themselves without any money for a place to stay. So, the group holds on to the room while Baker visits his backer. When this does not work out, they try convincing members of the Millionaire s club across the street to back Baker s play.