Colin Jost’s purchase of the MV John F. Kennedy ferryboat, along with Pete Davidson, Ron Castellano, and Paul Italia, raises some serious questions about the decision-making process behind this acquisition. The fact that Jost later admitted to being “very stoned” when they bought the ferry brings into question the rationale behind such a significant investment.
The lack of clarity regarding the future plans for the ferry is concerning. Initially, there were talks of converting it into a $34 million entertainment venue, then a comedy club and restaurant, and later possibly a boutique cruise ship. The shifting narratives and uncertainty surrounding the fate of the ferry show a lack of foresight and strategic planning on the part of the buyers.
The financial burden associated with owning a decommissioned ferry is significant, as evidenced by Davidson’s remarks about wanting the ferry to turn into a Transformer and “get the f—k out of there” so he could stop paying for it. It raises the question of whether the buyers fully considered the long-term costs and implications of such a purchase.
The decision to host Tommy Hilfiger’s fashion show aboard the ferry seems like a desperate attempt to salvage the situation and find a purpose for the vessel. While it may contribute to the outgoing expenses, it also highlights the misalignment between the initial vision for the ferry and its current utilization as a venue for a fashion show.
The story of Colin Jost’s Staten Island Ferry purchase serves as a cautionary tale about impulsive decision-making, lack of clarity in objectives, and the importance of conducting thorough due diligence before making significant investments. It underscores the risks associated with purchasing assets without a well-defined plan and the potential consequences of acting on a whim without considering the long-term implications.