The acclaimed actress-singer will play "Primrose, a gal who represents a surprising link to the past that brings unexpected joy to Billy and Victoria," according to EW.com. Greene's episodes will begin airing Jan. 7, 2011.

Playbill.com has also learned that the famed singing actress is currently working on an album she recorded in 1973-74 that was never released. Entitled "All the Lives of Me" (penned by her late friend Peter Allen), the recording was originally produced by Joel Dorn and arranged by Arthur Jenkins Jr., who are also both now deceased. The album also includes a tune from Paul Jabara's Broadway musical Rachael Lily Rosenbloom and Don't You Ever Forget It, which marked Greene's Broadway debut. Greene told Playbill.com that she has decided to release this vintage recording to honor all those whose work is reflected on the recording.

	Greene in 1973

"The reason I decided to do this is that Joel, Arthur, Peter, Paul and Bob Lifton (the engineer) are all gone, and I wanted to honor them and their work. They were so very talented, and they believed in me at such a young age. I was very lucky to have them in my life," Greene said, adding, "My father past away before making 'All The Lives of Me.' The recording is really about 'innocence lost,' and with the recent loss of my mum and also concurrently finding out that Joel, Arthur and Bob had passed, it seemed that if ever I was to release it, it should be now, a sort of 'going back to go forward.'" Release date is pending.

Ellen Greene began her career as a nightclub singer, performing in the now closed New York cabaret Reno Sweeney. At age 23, Joseph Papp took her under his wing and cast her in productions of Boom Boom Room and The Threepenny Opera. Greene earned a Tony nomination for her work in the latter, but it was her role as Audrey in both the original stage and film productions of Little Shop of Horrors that brought her national attention. Among her recent theatrical credits are the West Coast staging of Side Man and an all-star reading of Women Behind Bars. Her many screen credits include "Pushing Daisies," "Heroes," "The Cooler," "One Fine Day," "Léon," "Fathers & Sons," "Stepping Out," "Pump Up the Volume," "Talk Radio" and "Next Stop, Greenwich Village." Her solo recording is titled "In His Eyes." She also played Miss Adelaide in the the Hollywood Bowl's presentation of the classic Frank Loesser musical Guys and Dolls.

"The Young and the Restless" airs weekdays at 12:30 PM on CBS; check local listings.