Yes...highly convincing!
Worse still, the scene on the 'New York subway'...I mean come on, a London underground station and the tube cars themselves are instantly recognisable, and no amount of putting silly signs around is going to make it look like anything else.
But frankly the whole movie was done on the cheap, and it showed. Reeve got some sort of writing credit on it, and no doubt more money which is why he probably agreed to do it.