The reversal mention is a “reversal of funds” not the cancellation of your direct deposit with your bank. As you indicated below the direct deposit information with your bank is still active. There is no Payroll error. 
However, because reversals are done for many reasons, including compromised banking information, the City of New York will not make any additional electronic funds transfer to your account for at least 2 additional pay periods as of today 9/15/23.  
This is Citywide procedure and works as it is intended.