An adjustable, retractable hanging system. The hanger, housing a spring-loaded reel and a retractable cable, is attached to a ceiling or exposed ductwork by either opposing flanges or bonding material that is located on the hanger's flat exterior housing wall. A cup, lined with a flexible gasket and having a fin-like appendage on its surface, holds the hanger and is also attached to a pole. The cup and pole assembly attaches the hanger to a ceiling or exposed ductwork without the use of a ladder or any elevating device. After the hanger is attached, the cup's fin-like appendage is used to engages the clip on the cable, allowing the user to lower the clip to within reach. An adjustable cable-stop, which is also attached to the cable, allows the user to adjust the suspended height of the material to be hung.