On Christmas Eve 1989, aspiring filmmaker Mark Cohen, and his roommate, Roger Davis, learn that the rent previously waived by their old friend and landlord, Benjamin "Benny" Coffin III, is due ("Rent"). Their former roommate Tom Collins shows up and gets mugged. Mark and Roger meet with Benny, who tells them he plans to evict the homeless from the nearby lot and build a cyber studio ("You'll See"). He offers them free rent if they get Maureen, Mark's ex-girlfriend, to cancel her protest against his plans, but they refuse.