I put off seeing Abel Ferrara’s second feature (which came after his pseudonymous Nine Lives of a Wet Pussy) for years because of its title, but when I finally caught up with it I found it a lot more interesting and substantial than I’d imagined—and only incidentally the exploitation horror item it was apparently supposed to be. Ferrara stars (again pseudonymously) as a painter sharing a downtown Manhattan loft with two women who, gradually driven insane by money problems, a punk band located on the floor below, and other frustrations, starts murdering street derelicts with a power drill. The script by Nicholas St. John (who would become a Ferrara regular) not only anticipates American Psycho but offers a fascinating look at New York’s bohemian art scene circa 1979.