Finance

NYC Bankers Who Live in NJ Game Out Commute as Rail Strike Upends RTO Plans

Members of the Brotherhood of Locomotive Engineers and Trainmen picket outside of the Hoboken Terminal during a strike in Hoboken, New Jersey, on May 16.

Photographer: Michael Nagle/Bloomberg

The initiative by banks and other employers in New York to bring back workers to the office is being undermined by an unexpected roadblock in a neighboring state.

As the strike by New Jersey Transit locomotive engineers loomed over Monday’s commute, Garden State residents were eager for updates on negotiations as they mulled options for getting to work in Manhattan if trains remain shut down. NJ Transit officials and the union representing its rail engineers said that unscheduled talks Saturday in Newark went well. More talks were being held Sunday.