'SNL' star Colin Jost admits buying Staten Island Ferry boat with Pete Davidson was his 'dumbest' purchase

Colin Jost shared his regrets over buying a Staten Island Ferry with Pete Davidson. The "SNL" star admitted that it was the "dumbest" purchase he "ever made in my life."

During a recent interview with People magazine, Jost, who noted that he considers himself to be a "conservative" spender, shared his regrets over the investment. "It is absolutely the dumbest and least thought-through purchase I've ever made in my life." Ashley Hume is an entertainment writer for Fox News Digital. Story tips can be sent to ashley.hume@fox.com and on Twitter: @ashleyhume

"It is absolutely the dumbest and least thought-through purchase I've ever made in my life," Jost said while speaking to People at the Tommy Hilfiger show during New York Fashion Week, which was held on the vessel.

He continued: "The way I justified it is for the amount of money we were putting into buying it, on just a basic square-footage level, is if you found the right place for it to be, you were essentially buying a building on its side that's 65,000 square feet. So around New York, that is a very good price per square foot."