Saturday Night Live Cast We Do Snowbound the Right Way

1/27/2015 9:25 AM PST

Saturday Night Live Cast -- We Do Snowbound Right

EXCLUSIVE

Snowmageddon has NYC in a state of emergency so Lorne Michaels isn't taking chances ... he said "no" to the snow and shelled out big bucks to put the "Saturday Night Live" staff up in swanky digs.

Some bridges and tunnels are closed until Wednesday and Tuesday is make-or-break ... it's the day they start writing the skits selected for this week's show. So Michaels and "SNL" offered to put the cast up at The New York Palace. 

We're told around 15 cast and crew members signed up for the upscale digs close to 30 Rock, including Kenan Thompson, Colin Jost and a few writers.  

It's just like they say, the snow show must go on.