Colin Jost Regrets $280K Staten Island Ferry Purchase with Pete Davidson

Jost calls the investment 'dumbest' decision, but partners plan to convert the vessel into a floating hotel.

Colin Jost and Pete Davidson bought the decommissioned Staten Island Ferry in 2022 for $280,000.
Jost admitted the purchase was the 'dumbest and least thought-through' decision he's ever made.
The partners, including comedy club owner Paul Italia and developer Ron Castellano, have made minimal progress on the renovation.
Plans for the ferry include converting it into a $34 million floating hotel with 24 rooms, two restaurants, and six bars.
Jost's wife, Scarlett Johansson, initially reacted with disbelief but now supports making the most of the investment.