The investment was not attractive to him.
“Saturday Night Live” star Colin Jost called his purchase of the defunct Staten Island Ferry “the stupidest, most ill-thought-out purchase I've ever made in my life.”
Weekend Update Anchor She spoke of her depression to People magazine. At the Tommy Hilfiger show during New York Fashion Week, the show was held aboard the Spoiled Ship, also known as the John F. Kennedy.
Jost and fellow Staten Island native and SNL cast member Pete Davidson purchased the decommissioned ship at auction for $280,000 in 2022. A partnership that includes architect and developer Ron Castellano and comedy club owner Paul Italia reportedly planned to renovate the vessel into an entertainment venue for $34 million.
Jost added: “The reason I justified it was that, if you look at the amount of money that you put into the purchase, on a basic square footage level, if you find the right location, you're essentially buying a 65,000-square-foot building. So, in the New York area, that's a very reasonable price per square foot.”
Page Six reported exclusively last week The orange elephant that the SNL dynamic duo reportedly bought while “pretty high” may finally have a purpose.
On Sunday, the Hilfiger fashion show took place on board the MV JFK ferry, which has long been a highlight of the week.
Castellano told Travel + Leisure that the ship could be a kind of boutique cruise ship, sailing between New York and Miami.
Jost seemed conflicted about rocking the boat during Hilfiger's extravagant show, which closed with a surprise performance by three members of Wu-Tang Clan, fellow Staten Island natives.
“Aside from the fact that it costs money, I've never thought of it as a money dig,” the celeb told Alexa afterwards. “I always believed it was going to be a ton of fun. I had a ton of fun tonight!”
