The rich businessman Karl Ástuson left Iceland seventeen years ago to live a Playboy bachelor lifestyle in New York. He has almost everything he could possibly want, but is unable to maintain a relationship longer than a one-night stand. He still pines for his childhood sweetheart Una, so on a whim decides to return to Iceland and find her. They elope to New York City, but Karl's fairytale romance takes unexpected turns as his past and present collide amid the skyscrapers of the Big Apple.