Pros
Pay is decent compared to DOE teaching. That's it, that's the pro. Even then when I broke it down by hour I was barely making minimum wage based on the late hours I was working.
Cons
These schools - particularly those in NYC - grab people right out of undergrad with the promise to support you through your masters in education while you work as a "teacher in residence". What that really means is that the schools are full of unlicensed teachers being thrown into classes they don't know how to manage and then being blamed for the chaos. Over half the staff of AFBHS has quit since I did two years ago. Students are treated terribly - teachers are required to uphold draconian discipline standards and a huge number of students spend every day in lunch detention for infractions such as forgetting their ties or being late to school (regardless of the reason for their lateness). I felt like I was going insane being told that this was necessary for academic achievement. Also, as a queer teacher let me tell you the administration will not stand up for you in ANY way. Do not take a teaching job in this system.