Arnold (Spencer Klein) And His Pal, Gerald (Jamil Walker Smith), Learn Their Beloved Neighborhood Is About To Be Torn Down By A Greedy Developer Named Scheck (Paul Sorvino) To Build A Mall. While The Adults Come Up With A Dodgy Scheme, The Friends Try A More Practical Approach To The Problem With The Help Of Helga (Francesca Marie Smith). The Kids Discover Their Neighborhood Was Designated As A Historical Landmark But They Must Prove It Before Scheck Moves In With His Crew.