Comedian Pete Davidson opens up about his peculiar purchase of a Staten Island ferry alongside Colin Jost, emphasizing the importance of turning a profit on their unexpected venture, Your Content has learned.
During a podcast episode with Seth Meyers, Davidson reveals the hazy circumstances that led to their joint ownership of the $280k boat and provides an update on their current situation, over a year later.
Davidson admits that their decision to acquire the ferry was made while under the influence of substances, adding an element of spontaneity to the transaction.
Soon after, Colin reached out to Pete to discuss the business aspect of their purchase and collect his share of the deal.
Without a concrete plan in place, Davidson found himself burdened with the responsibility of owning a massive ferry.
However, Pete and Colin have since developed a business model for their newly acquired vessel, envisioning it as an all-in-one entertainment hub.
Their plans include transforming it into a concert venue, a movie theater, a restaurant, and even hotel rooms.
The duo has gone as far as commissioning computer-generated mockups, although the realization of their vision is still years away, specifically five years.
When Seth Meyers expresses admiration for their well-thought-out ferry future, Davidson humorously responds, “Yeah, we have to cause we’re in the hole.”
The exact extent of their financial setback remains unclear, but it is evident that Pete and Colin are determined to obtain a return on their investment, as Pete emphasizes his current predicament of being “stuck with a f****ing boat.”
It is worth noting that the progress on their ferry project may experience delays, as Pete has been undergoing rehab treatment for mental health concerns.
Prioritizing his well-being is of utmost importance before focusing on their ambitious endeavor, according to TMZ.