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Colin Jost and Pete Davidson’s Bromance in Tough Water with $280,000+ Ferry Venture: Report

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Colin Jost and Pete Davidson's Bromance in Tough Water with $280,000+ Ferry Venture: Report
Source: MEGA

The boys revealed that they bought the ferry on ‘SNL’.

April 19, 2024, published at 6:00 AM ET

There’s nothing funny about it Saturday evening live star Colin Jost and his former costar Pete Davidson‘s bromance would hit rough waters as their joint ferry venture sinks like a stone, RadarOnline.com has learned.

The once-close comics bought a decommissioned ferry for $280,100 in 2023 with big plans to turn it into a floating nightclub, but they got in over their heads.

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pete davidson colin jost
Source: MEGA

Insiders said their bromance might not be able to weather the storm.

“What started as a promising venture has turned into a bitter disappointment, a stark reminder of the dangers of mixing business with friendship,” a friend told the paper. National researcher. “While Colin does his best to put together a capable team, Pete appears to have gone missing. It remains to be seen whether their friendship can weather the storm.”

RadarOnline.com has reached out to representatives for Jost and Davidson for comment.

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The King of Staten Island The 30-year-old star previously admitted he had “no idea what’s going on with that thing” when asked about possibly hosting an afterparty on the boat during the Transformers: Rise of the Beasts premiering in June 2023. Davidson appeared to regret his decision to purchase the decommissioned Staten Island ferry.

“Yes, if it hasn’t sunk!” he joked to Entertainment Tonight, adding, “Hopefully it turns into a Transformer and gets the fuck out of there so I can stop paying for it!”

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pete davidson colin jost boot
Source: MEGA

The purchase is said to have cost them a whopping $280,000.

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That same summer, Davidson continued to bungle his $280,000 business venture, telling Seth Meyers at a podcast episode: “Yes, we have to make sure we’re in the hole.”

Later he told him, “Now I’m stuck on a boat.”

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The former SNL costars have made some progress on Staten Island ferry plans, at least according to the architect Ron Castellano.

He recently spoke about the progress and revealed that they are converting it into a floating hotel with 24 rooms, two restaurants and six bars.

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“There will be a lot of things,” Castellano revealed to Curbed. “I think we have six bars and two venues at the moment that are operated separately or combined,” he continued. “We have outdoor event space, we have restaurants – two restaurants. It’s a big boat, almost 300 feet long, 65,000 square feet. That’s one and a half times the size of the Nine Orchard Hotel.”

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pete davidson colin jost
Source: MEGA

Pete jokes that the ferry decision has put him ‘in a hole’.

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Castellano also said the ferry would move and could be towed between New York and Miami.

“I think that’s still the plan. It doesn’t have to be in one place. It can move, so we’re exploring both locations,” he said. “We are already working on the first construction phase, we will simply bid it out as soon as it is ready. That’s going to take a year, and if That happens, we tighten the drawings, and so on that is happens, we will find the location.”