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Read the press release here.

Rich Men Can Meet Young Women at Midtown 'Sugar Daddy Party'

 The “inventor of the modern-day sugar daddy party” rocks the Copacabana June 11.
The “inventor of the modern-day sugar daddy party” rocks the Copacabana June 11.
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Inventor Alan Schneider will “bring on his party skills" Thursday night at the Copacabana in Midtown, at "the first Sugar Daddy Party Business Mixer in South New York City’s history," he said.

Schneider, or "Action," as he prefers to be called, is the self-proclaimed inventor of the modern sugar-daddy party, a mixer in which men of means can meet young female companions.

It was not immediately clear if North New York City had previously experienced Action/Schneider's party skills.

"At this event, men feel more virile and appreciated, and women feel revered and treated with chivalry and respect," Action said in the release about the June 11 party. The party is “actually a throwback to tradition and the basis of the notion that good relationships require absolute reciprocity and mutual enrichment and equity," he said.

 The poster for the TCB party June 11.
The poster for the TCB party June 11.
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Alan Schneider

Action also claims to be the inventor of the phrase “TCB, Taking Care of Business Party."

"Throughout History," writes Action (capitalization his own) "the women have gravitated to a man who can provide and enrich, and sugar daddy dating is simply an expression of that, and the parties with SugarDaddyForMe.com have proven to be more than popular and in demand."

More than 300 people have send an RSVP for the event, according to Action’s release. "Distinguished Male" tickets are $50 and "Empowered and Elegant Female" tickets are $35.

Action, 51, who brags that he is “a single parent of one, and with a Bachelor of Arts from Hofstra University,” said the parties also provide an opportunity for networking.