Daley said the city will also move this week to obtain appraisals on the adjoining one-story building on Elm Street, owned by Hampden Bank, which was also declared unsafe by city officials Aug. 30. The appraisal will be used in negotiations with Hampden Bank to acquire the building, Daley said. Both buildings have been targeted for demolition as part of the city’s effort to redevelop the Elm Street business corridor. Both buildings have been vacant for several years. The Block Building is already owned by the city.