A modern depiction of the Faust legend set in New York City in the 60s, "Pipe Dreams" concerns a young singer's obsession with a Broadway career. His dreams of success, however, lead him to stray into a series of compromises that prove disastrous and precipitate his 'pact with the Devil' and his sacrifice of the gifted young ballet dancer whom he loves. In the startling climax, he is forced to reexamine his values and those of the society that shaped him, as well as his understanding of what constitutes success.