Ferry For Sale

It seemed like a good deal at the time -- a used New York City ferry. But now the owner has that sinking feeling. A former marina owner (Jacques Guillet) bought the ferry for $162,000 three years ago. He planned to convert it into a dorm for college students. But finding a parking space in the Big Apple is tough, especially for a 300-foot-long ferry boat. The city wanted to charge a-thousand bucks a day. The ferry owner is now docking it in Staten Island for six-grand a month. He tells The Wall Street

Journal he's trying to sell the ferry.