Colin Jost is reflecting on a 2022 buy he made with former “Saturday Night time Stay” co-star Pete Davidson, and now admits it was the “dumbest” purchase he’s ever made.
Even together with his historical past of high-profile purchases, together with having owned a handful of multimillion-dollar houses, Jost acknowledges that teaming up with Davidson to co-own a selected mode of transportation may not have been his smartest monetary determination.
Throughout New York Trend Week, Colin Jost mirrored on that 2022 buy that price him $280,000.
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Colin Jost Reveals The ‘Dumbest’ Buy He Ever Made
Colin Jost’s $280,000 Staten Island Ferry buy in 2022 has raised eyebrows – and he’s not precisely defending it. “The Saturday Night time Stay” star joined forces with comic Pete Davidson to snag a decommissioned Staten Island Ferry boat, however Jost admits to Folks Journal that it wasn’t his brightest determination.
“It’s completely the dumbest and least thought-through buy I’ve ever made in my life,” the comic advised the outlet on the Tommy Hilfiger present throughout New York Trend Week, which, sarcastically, was held on board Jost and Davidson’s ferry.
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“The way in which I justified it’s for the amount of cash we had been placing into shopping for it, on only a primary square-footage stage, is when you discovered the correct place for it to be, you had been basically shopping for a constructing on its aspect that is 65,000 sq. ft,” he added. “So round New York, that could be a superb value per sq. foot.”
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The Situation Of The Staten Island Ferry Now

Pete Davidson and Colin Jost’s decommissioned ferry is likely to be quietly docked in Staten Island in the intervening time, nevertheless it’s gearing up for a $34 million makeover. The bold renovation plans embrace a number of bars, eating places, and even a lodge on board.
“I feel proper now, now we have six bars and two venues operated individually or mixed,” Ron Castellano, an architect and lesser recognized associate on Davidson and Jost’s ferry venture, advised Curbed earlier this 12 months. “We’ve got outside occasion house, now we have eating places — two eating places. It’s an enormous boat, nearly 300 ft lengthy, 65,000 sq. ft.”
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Is The Staten Island Ferry Boat Practical?
The “Saturday Night time Stay” alum additionally talked about that whereas the ferry may probably be used as a purposeful boat, it could want a crew to function, and he’s unsure if he’s up for that trouble. Plus, despite the fact that he would possibly take pleasure in taking the ferry out on the water himself, he truly can’t.
“I am positive our insurance coverage firm would find it irresistible,” he mentioned, joking. “Possibly they might find it irresistible as a result of it could get them out of the contract. Nevertheless it requires lots of people to maneuver it.”
Proper now, the ferry must be docked or towed because the engines aren’t working, however Jost talked about it may very well be operational “inside weeks” in the event that they determined to place within the effort.
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Colin Jost Says They Might Use The Ferry As A Venue

As a substitute, the group thinks it’s extra sensible to make use of the ferry as a venue, much like how Tommy Hilfiger used it for a style present.
One in every of Jost and Davidson’s companions within the venture, architect Ron Castellano, shared with Curbed in March that their plan is to remodel the ferry right into a venue that includes lodge rooms, eating places, and bars, with Miami being a possible location for it.
How Does Scarlett Johansson Really feel About The Buy?

How has Scarlett Johansson reacted to Jost’s ferry funding over the previous two years? He shared that he “soft-floated” the concept to her earlier than making the acquisition, and she or he didn’t take him critically.
Nonetheless, after he went forward with the purchase, Jost mentioned she ultimately got here round and supported the choice.
“She was similar to, ‘Wait, so that you personal this boat now?’ Particularly reasonable query,” Jost mentioned of his spouse’s response. “She now clearly sees the worth in it, but additionally I feel she’s like, ‘It is now change into one thing that could be a defining factor for you guys and an attention-grabbing factor for you guys. So you need to take it critically and work out the perfect model of it, as a result of for higher or worse, it will replicate on you.’ We do not care as a result of we’re comedians.”
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The ferry, generally known as the John F. Kennedy, served commuters between Manhattan and Staten Island from 1965 till its retirement in August 2021. By the point it was retired, it was the oldest vessel in its fleet.
