Recommended reading:

Alarming: why are black residents leaving West Coast cities?
Also alarming: less than 1/3rd of the biggest art exhibitions in US are of women

David Ulin writes about the Expo Line and sharing LA streets in the NY Times. 
Breaking down the final four design proposals for Pershing Square. 
And why a Pershing Square redesign is warranted
Ka-ching!: Tourists spent a whopping record amount in LA last year. 
Shooting what's shotat at the Arts District-based LA Gun Club. 
LA installation artist Oscar Tuazon to create Zome House at Art Basel. 

Could Los Angeles be getting a Frieze art fair
Do artists even like art fairs
A major New Yorker-now-LA-based art dealer is arrested for embezzlement
In depth with the one of the biggest names in galleries: Larry Gagosian
The best public art exhibit happening right now is being made by pigeons.