I was a member there for about a year before I left NYC for a while, however now I'm back and might re-join depending on where I find an apartment. However last year I spent some time at Fairtex Bangkok so I'm kind of spoiled as far as that goes.
It was fun, the instructors are very good, especially Phil who is excellent. The only thing I didn't like about it was that sometimes the classes were very crowded and the place is kind o f small (of course, it's manhattan, so that's to be expected). The students who go on to fight apparently do very well in fights against other local NY schools and are supposedly known for excellent clinch work (Phil & staff train a LOT of clinch work).
You get one free class, so you might as well go down and check it out. Good luck!