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Colin Jost Talks About His $280,000 ‘Dumbest’ Buy


Colin Jost is reflecting on a 2022 buy he made with former “Saturday Evening Dwell” 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 won’t have been his smartest monetary resolution.

Throughout New York Style 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

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Colin Jost’s $280,000 Staten Island Ferry buy in 2022 has raised eyebrows – and he’s not precisely defending it. “The Saturday Evening Dwell” 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 resolution.

“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 Style Week, which, satirically, was held on board Jost and Davidson’s ferry.

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“The best way 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 in the event you discovered the proper place for it to be, you had been primarily shopping for a constructing on its facet that is 65,000 sq. toes,” he added. “So round New York, that may be a superb value per sq. foot.”

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The Situation Of The Staten Island Ferry Now

Colin Jost at Correspondents Dinner at the Washington Hilton in Washington, DC
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Pete Davidson and Colin Jost’s decommissioned ferry is likely to be quietly docked in Staten Island for the time being, but it surely’s gearing up for a $34 million makeover. The bold renovation plans embody a number of bars, eating places, and even a lodge on board.

“I believe proper now, we’ve six bars and two venues operated individually or mixed,” Ron Castellano, an architect and lesser identified accomplice on Davidson and Jost’s ferry undertaking, advised Curbed earlier this 12 months. “We’ve outside occasion house, we’ve eating places — two eating places. It’s a giant boat, nearly 300 toes lengthy, 65,000 sq. toes.”

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Is The Staten Island Ferry Boat Practical?

The “Saturday Evening Dwell” alum additionally talked about that whereas the ferry may doubtlessly be used as a useful boat, it could want a crew to function, and he’s undecided if he’s up for that problem. Plus, despite the fact that he would possibly get pleasure from taking the ferry out on the water himself, he truly can’t.

“I am certain our insurance coverage firm would find it irresistible,” he stated, joking. “Perhaps they’d find it irresistible as a result of it could get them out of the contract. However it requires lots of people to maneuver it.”

Proper now, the ferry must be docked or towed for the reason that 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

Colin Jost at 35th Annual American Cinematheque Awards
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As a substitute, the workforce thinks it’s extra sensible to make use of the ferry as a venue, just like how Tommy Hilfiger used it for a style present.

One in all Jost and Davidson’s companions within the undertaking, architect Ron Castellano, shared with Curbed in March that their plan is to rework 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?

Colin Jost Completely Roasts Wife Scarlett Johansson On 'SNL'
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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 severely.

Nevertheless, after he went forward with the purchase, Jost stated she finally got here round and supported the choice.

“She was similar to, ‘Wait, so that you personal this boat now?’ Very reasonable query,” Jost stated of his spouse’s response. “She now clearly sees the worth in it, but additionally I believe she’s like, ‘It is now turn into one thing that may be a defining factor for you guys and an fascinating factor for you guys. So you need to take it severely and determine one of the best model of it, as a result of for higher or worse, it’ll mirror on you.’ We do not care as a result of we’re comedians.”

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The ferry, often 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.

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