Exhibit 31.1

                        CERTIFICATION OF PERIODIC REPORT

I, Michael D. Murphy, certify that:

1.       I have reviewed this annual report on  Form 10-K of Fairway Properties,
         Inc.;

2.       Based  on my  knowledge,  this  report  does  not  contain  any  untrue
         statement of a material fact or omit to state a material fact necessary
         to make the statements made, in light of the circumstances  under which
         such  statements  were made, not misleading  with respect to the period
         covered by this report;

3.       Based on my knowledge,  the financial  statements,  and other financial
         information  included in this  report,  fairly  present in all material
         respects the financial condition,  results of operations and cash flows
         of the registrant as of, and for, the periods presented in this report;

4.       The  registrant's  other  certifying  officer and I are responsible for
         establishing  and  maintaining  disclosure  controls and procedures (as
         defined in Exchange Act Rules  13a-15(e)  and  15d-15(e))  and internal
         control  over  financial  reporting  (as defined in Exchange  Act Rules
         13a-15(f) and 15d-15(f) for the registrant and have:

              a. Designed such  disclosure  controls and  procedures,  or caused
              such  disclosure  controls and procedures to be designed under our
              supervision  to ensure that material  information  relating to the
              registrant, including its consolidated subsidiaries, is made known
              to us by others  within those  entities,  particularly  during the
              period in which this report is being prepared;

              b. Designed such internal  control over  financial  reporting,  or
              caused  such  internal  control  over  financial  reporting  to be
              designed under our supervision,  to provide  reasonable  assurance
              regarding  the   reliability   of  financial   reporting  and  the
              preparation  of  financial  statements  for  external  purposes in
              accordance with generally accepted accounting principles;

              c.  Evaluated the  effectiveness  of the  registrant's  disclosure
              controls  and   procedures   and  presented  in  this  report  our
              conclusions about the effectiveness of the disclosure controls and
              procedures,  as of the end of the period  covered  by this  report
              based on such evaluation; and

              d.  Disclosed  in  this  report  any  change  in the  registrant's
              internal control over financial reporting that occurred during the
              registrant's  most recent  fiscal  quarter (the  registrant's  4th
              quarter  in the case of an  annual  report)  that  has  materially
              affected,  or is  reasonably  likely  to  materially  affect,  the
              registrant's internal control over financial reporting; and


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5.       The registrant's other certifying  officer and I have disclosed,  based
         on our most  recent  evaluation  of  internal  control  over  financial
         reporting,  to the registrant's auditors and the audit committee of the
         registrant's  board of directors (or persons  performing the equivalent
         functions):

              a. All  significant  deficiencies  and material  weaknesses in the
              design or operation of internal  control over financial  reporting
              which are reasonably  likely to adversely  affect the registrant's
              ability  to  record,  process,   summarize  and  report  financial
              information; and

              b. Any fraud, whether or not material, that involves management or
              other  employees who have a significant  role in the  registrant's
              internal control over financial reporting.


     Date: April 14, 2011
                                    /s/ Michael D. Murphy
                                    --------------------------------------
                                    Michael D. Murphy, Chief Financial Officer,
                                    Treasurer, Chief Executive Officer and
                                    Director (Principal Financial Officer and
                                    Principal Executive Officer)