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Be prepared for EXTREMELY small classes. There was just a movement to close the high school (enrollment is only 75 for the entire school!), but the school board voted to save it. It was always a small district, but it changed drastically several years ago when Greenwood Lake, which previously attended Tuxedo Park schools, was rezoned to the Monroe-Woodbury district.
Other neighborhoods in Tuxedo Park are zoned for Monroe-Woodbury as well, and a lot of the wealthy families in the park send their kids to the private Tuxedo school.
That being said, I'm sure they are wonderful schools if a small setting fits your children's needs. For the high school I'd think ahead about clubs, sports, extra-curriculars, etc. because they will be limited compared to the typical high school experience.