The Hollywood Roosevelt. Photo courtesy Hollywood Roosevelt. Every week, Artnet News brings you Wet Paint, a gossip column of original scoops reported and written by Nate Freeman. If you have a tip, email Nate at [email protected] Last week, Wet Paint detailed the demise of Frieze Los Angeles, undone by permitting issues that restrict retail entities from operating out of residential houses. Not allowed, alas. And so, instead of an ambitious edition of an art fair staged in a series of Modernist houses, we’ll have to wait until the fair takes over the Beverly Hilton-adjacent groun...