David if you fly to the area see what other buildings in the close proximity are doing.If all include utilities tenants for the area will be conditioned to it and go down the street if you try to sub meter out.If most buildings have been sub metered for the area then it might make sense.As far as redevelopment you have to look at future use.Maybe the city will allow your current zoning say for example of 100 units to be changed to a more dense project of 400 units on the same property.By the city offering tax credits or bonds you will add new product with a higher assessment to improve the look of the area plus put more money into the cities budget.I talk to council reps for their districts in my states.What's on their mind is how to balance the budget and how to improve their district with quality and more money coming in.At some point the old units will be torn down even if performing and regenerate.Every area regenerates.It might take 50,60 years etc. but it will.This is why in high density cities where no more land is the buildings will be torn down and built new again.No more space is there so you have to go up in size and a more efficient design.When I look at a property I think of all the possible exit strategies with it and what it could become.If the location is great developers will pay a premium to tear down and rebuild new.When the boom happened everything was expanding and banks and developers had the "build it anywhere and it will not fail" mentality.Now that they have been stung hard with banks having bad loans and developers and corporate companies having failed projects or failed locations selection is the key.Development will come back but it will be much more selective.

@Asad HalaiTitle companies often refuse to insure title even if legally lien has been extinguished, if in the underwriters opinion there could be a legal challenge.This is the risk inherent with purchasing a property without title insurance, such as at a foreclosure auction.Your solution may be to engage legal council to file for an order of quiet title.

PPI, as noted above and in the other thread you started, is British instrument not used here in the US.

You may need / want to invite some people on board as your advisory council.

Then he decided on the gold he went to Mali Africa spent 2 months there never made a dime.. then off to Columbia and British Columbia it was a joke...

If the clue was "Song by a British Group about a colored submersible vehicle" everyone would bid one note (or zero.)

Old school buddies aren't likely to influence your building department or your city council in getting what you need, unless they are on city council.

If the property is held under your name I believe this process can be done by the individual him/herself but I wouldn't recommend it.If the property is held under an LLC or other corporate entity you are required to be represented by council.

Ask British Petroleum :) 

All that's left is the mayor and maybe council people with a few cops and the cast from Night Court(the tv series, so to state).