Sentence:  His first name was probably <WSD>Steve</WSD> or Ed. No, there were no more <WSD>Steves</WSD> or Eds in New York. They were now Steven or Edward, whether they were gay or straight. If they had money, they didn't have a nickname. Everybody was into high seriousness, so that now even dogs were named Humphrey and Raphael. 
Meaning of the word marked with <WSD> tags:  (diminutive=Steven and Stephen;) (also used as a formal male given name).