As a Westchester resident for 30 years and a former realtor, allow me to provide you with facts:
1. Getty Square is located in zip code 10701. The area from Herriott Place (St. Joseph's Hospital) going north to High Street and from the Hudson River going east to Ashburton Ave. / Saw Mill River Rd. intersection has been a very poor neighborhood since around 1970. This includes the area around Getty Square. The area also has a high crime rate.
2. The city of Yonkers did invest money to improve Getty Square but they are limited with funding and Yonkers needs to spend money to improve neighborhoods and schools - money they do not have. Don't expect Yonkers to improve the area anytime soon. They don't have the money to do so. Yonkers has had money management problems for years.
3. Zip code 10703, 10701 (from Glenwood Ave. going north), 10704, 10710 and 10705 (by the Bronx border) are all average to very good neighborhoods to live in. They are safer than the area around Getty Square. Just be prepared for higher prices.
4. As for the foreclosed homes in the Getty Sq. area, what do you expect? The area has housing projects, welfare residents, rehab centers, halfway houses for released inmates, etc.