Axria, a vertically integrated real estate development and investment firm based in Piscataway, NJ, welcomed U.S. Senator Cory Booker recently for a meaningful discussion on the future of housing and community development in New Jersey. Senator Booker met with Axria Chairman Anthony Mazzucca. and CEO Chandra Mandalapu, engaging in a thoughtful exchange on the role of strong public-private partnerships in addressing the state’s housing challenges.
With over $1.2 billion in completed developments and $160 million in assets under management, Axria’s leadership highlighted how private capital can align with public policy to address housing needs at scale. The visit provided an opportunity to share perspectives on how developers, policymakers, and local communities can work together to expand access to quality housing across New Jersey.
Senator Booker emphasized the importance of collaboration in ensuring that growth is inclusive and sustainable.
“Our conversation with Senator Booker reinforced how essential it is for the public and private sectors to align around solutions that address both present and future housing needs,” said Chandra Mandalapu, CEO of Axria.
Anthony Mazzucca, Chairman of Axria, added: “We are proud to be part of this important dialogue. At Axria, our focus is on thoughtful development that strengthens communities while creating opportunities for families across New Jersey.”
The discussion reflected a shared commitment to tackling challenges around affordability, accessibility, and long-term community impact. Senator Booker’s visit highlighted the growing recognition of the role real estate developers and investors can play in shaping resilient and connected neighborhoods.
About Axria
Axria is a vertically integrated real estate development and investment firm dedicated to building vibrant communities across New Jersey and Pennsylvania. Founded in 1962 through the merger of Anthony Mazzucca’s Blackpoint Group and Chandra Mandalapu’s Sigma Construction, Axria has delivered over 100 projects in the region. With over $1.2 billion in completed developments, $160 million in assets under management, and a current pipeline of $800 million in multifamily and industrial projects, Axria continues to create long-term value for investors while strengthening the communities it serves.
