A man calling himself Ryder and his accomplices—Bashkin, Emri, and former train operator Phil Ramos—hijack Pelham 123, a New York City Subway 6 train, at 77th Street. Uncoupling the front car of the train below 51st Street, they take the passengers hostage. Metropolitan Transportation Authority employee Walter Garber, working the Rail Control Center as a train dispatcher, receives a call from Ryder, demanding $10 million in cash to be paid within 60 minutes. Ryder warns that every minute he waits past the deadline, he will kill a hostage.

Bashkin kills a suspicious New York City Transit Police officer, and all the passengers not in the front car, except the motorman, are released. Garber reluctantly negotiates with Ryder as Ramos and Emri set up Internet access in the tunnel.

On his laptop, Ryder watches the Dow Jones Industrial Average plunge nearly 1,000 points in response to the hijacking. A hostage’s laptop also connects to the Internet, and its webcam allows the control center to observe Ryder and Ramos. Lieutenant Camonetti of the New York City Police Department Emergency Service Unit takes over negotiations, which infuriates Ryder, who kills the train’s motorman to force Camonetti to bring Garber back.

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