Pros
Great location, right above Penn Station. Retooling of all software so it has a more consistent look. The regular employees are mostly great, and try to satisfy the constantly shifting demands of management.
Cons
2-week development cycle leads to constant pressure. New exec with sign on his desk: "I'm not bossy, I'm the boss", doesn't inspire but instead rules with an iron first, shrinking deadlines, and constant criticism of new work. No pay raises this decade. Yearly layoffs. No 401k match. Continuing decrease in benefits and increased commuting costs from reduction in telecommuting leads to less and less take home pay every year. Major (10%) layoff a few months ago. Company took money from Goldman Sachs (probably so previous CEO/founder can retire), but will probably result in company being sold. No promotions for non-managers to show appreciation of talent. No room for growth. Only a privileged few have offices with windows, rest are stuck in 6x10 cubicles under florescent lights with no direct sunlight.