The Stracci family was founded by Anthony Stracci in the 1920s. He set up a legitimate business front in New Jersey, all the while pulling the strings and gradually gaining influence in New York City.
Business wise, the Stracci family had a fleet of freight hauling trucks. They also had enough political influence to allow their trucks to travel overloaded, which damaged the highways. However, the Straccis also owned road repair businesses which had exclusive government contracts, leading one business to create work for another. Due to Don Stracci's old fashioned nature, they had little involvement in prostitution, but due to their control of the docks in New Jersey and Manhattan, they had an important role in the distribution of narcotics.
The Stracci family ran the gambling in New Jersey and had illegal casino's in the Jersey Palisades. They also controlled the Democratic political machine in the Jersey state and the linen service and waste removal in Atlantic City. As the Stracci family's powerbase was in New Jersey, which was less prestigious and lucrative, they were considered the least powerful of the New York families, but the most well disposed.
In 1955, Don Stracci was executed by Peter Clemenza while he was on the way to a negotiation. After Victor Stracci's death, the new Don sued for peace with the Corleone family.