Jost & Davidson's Ferry Folly: Gold or Money Pit?

0:00On April 30th, Colin Jill strapped a gem on the Smartless podcast about his wildest buy four years ago, snapping up the decommissioned John F. Kennedy. Stadden Island Ferry with investors, including Pete Davidson, for $280,100. He texted wife Scarlett Johansson right away, all excited like we own a ferry now. Her reply, one word, we, turns out, Joe's and Davidson were very stoned during that January 19th, 2022 auction. As a Stadden Island kid, Joe's wrote that exact 63-year-old boat to high school in Manhattan, so texting Pete was like lighting a match near. Gasoline. Davidson fired back, heck yeah, let's do it. Scarlett's been roasting it ever since, joking on TV about a go-fun me to save their family from this money pit. Joe's hit back, saying, grab your gloves for all the checks rolling in. He even called it the dumbest, least thought-out purchase of his life. They've already recouped the cash hosting events, like a Tommy Hilfiger fashion show.

1:01Now they're eyeing it as 70,000 square feet of waterfront real estate, maybe a middle-class swim club with entertainment and winter Miami. Cruises. Renovations are underway for a 2028 opening. Joe swears it'll all work out fine, turning that ferry folly into ferry gold. You've been listening to entertainment and celebrity news today, AI-powered pop culture coverage.