The Money Pit is a 1986 American comedy film directed by Richard Benjamin starring Tom Hanks and Shelley Long as a couple who attempt to renovate a recently purchased house. It was filmed in New York City and Lattingtown, New York and is a remake of the 1948 film Mr. Blandings Builds His Dream House, starring Cary Grant and Myrna Loy. The film was co-executive produced by Steven Spielberg.