It’s been an extraordinary period for Adam Pendleton, a youngish Black artist whose theoretically informed and critically praised art would seem to be out of step with our revanchist times. But there’s apparently no end to the demand for his work. Last November, he achieved a record $1 million at Sotheby’s for a work originally estimated at only $150,000. During the May sales, Untitled (We Are Not) from 2020 sold at Phillips for a little more than half a million dollars, his third-highest public price. Speaking in his 25th Street office earlier this summer, Marc Glimcher told me that he “couldn’t get a bid in” on a rare work by Pendleton to come up at auction. “I’ve never not sold out a show of Pendleton’s work.”