With his erstwhile nemesis, Paul Schimmel, withdrawing from art dealing, Jeffrey Deitch announces his return to Los Angeles, this time as a gallerist. The New York Times’s Jori Finkel has the story:

he’s taken his first step toward a Los Angeles comeback: He has just signed a lease for a 15,000-square-foot warehouse in Hollywood with plans to open a gallery there in the fall.

The art dealer’s new space, at 925 North Orange Drive, is a few blocks from the strip of galleries lining Highland Avenue, anchored by Regen Projects and Kohn Gallery.

“The idea in New York is to do three large shows a year, and it will probably be the same here,” Mr. Deitch said on a visit Monday to the boxy space, still raw. “When you do shows that are museum-level, you don’t want to take them down after a month.”