J
ason Talbot has resolved his dispute with Monceau Real Estate, a Miami Beach-based firm, after its owners agreed to buy out his minority stake in a Goulds development site. The settlement comes after Talbot's lawsuit against Monceau and its principals, siblings Adrian, Julien, and Sarah Haccoun, was dismissed. According to court records, the Haccouns satisfied the terms of a previous agreement to purchase Talbot's 5 percent interest in the 4.5-acre site near Southwest 212th Street and Southwest 117th Avenue.

    Monceau now owns 10 percent of the site, where a 396-unit workforce housing project is planned. The development site was purchased by Monceau, Talbot, and NEF for $7.1 million in 2022. In an email to The Real Deal, Julien Haccoun confirmed that Monceau bought out Talbot's interest.

    Talbot had alleged he was owed $380,000 to buy him out, but the parties declined to comment on the actual payment amount. "Monceau and Jason Talbot have reached a mutually satisfactory agreement to resolve the litigation," said Talbot's attorney Justin Prociv. The settlement allows both sides to move forward with their respective projects.

    This is not the first time Talbot and Monceau have been involved in a dispute over a development project. In October, Talbot's Workforce Housing Partners bought out Monceau's interest in another planned mixed-use development near Florida International University's Sweetwater campus. The two companies had previously sued each other for control of the $110 million project, which includes 277 student housing units and retail space.