The limited engagement will begin previews Oct. 22 and open Nov. 21.
Playbill.com first reported on the possibility of this casting in March.
This is the first play by Peet, who appeared in Barefoot in the Park on Broadway, as well as in the Off-Broadway premiere of Neil LaBute's The Break of Noon and This Is How It Goes.
"Judith (Blythe Danner) has been divested of her assets and forced to leave her luxurious New York life after her husband’s Wall Street scam became headline news," press notes state. "When her daughter Becca (Sarah Jessica Parker) and Becca’s filmmaker boyfriend pay Judith a visit to the one bedroom condo Judith now occupies in Pensacola, Florida, everyone’s motives are called into question. How will past and present circumstances inform how this family moves into the future?"
Danner is currently appearing on Broadway in Nice Work If You Can Get It. She won a Tony in 1970 for Butterflies Are Free and has received Tony nominations for Betrayal, A Streetcar Named Desire and Follies. She won back-to-back Emmy Awards for her role in Showtime’s acclaimed series “Huff.” Her many film roles include "The Lucky One," "Hello, I Must Be Going" and "Meet The Parents." Parker most recently appeared on the New York stage in MTC’s 2001 production of Wonder of the World by David Lindsay-Abaire. Her other theatrical credits include The Substance of Fire, The Heidi Chronicles, Once Upon a Mattress and Annie. She received four Golden Globe, three SAG Awards and two Emmy Awards for her role as Carrie Bradshaw in HBO’s "Sex and The City."
Subscriptions for MTC’s 2013-14 season will be available beginning May 6 by calling (212) 399-3050 or online at ManhattanTheatreClub.com. Single tickets to the productions will go on sale at a later date.