An, adjustable, retractable hanging system that enables hangers to be easily attached, moved, and removed from a ceiling or wall rail. The hanger, which houses a spring-loaded reel and a retractable cable, is backed with a pressure-clip or in an alternate embodiment, a raised platform. The hanger affixes to a ceiling or wall rail by means of a pole and cup assembly. Once attached to a ceiling or wall, the retractable cable within the hanger extends to receive the object to be hung. The cable is reached by means of a hook that is affixed to the pole and cup assembly and is lowered to within arm's reach. An adjustable cable-stop, which is also attached to the cable, allows individuals the ability to adjust the suspending height of the object to be hung.