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According to the New York Times, Meryl Streep will present and award at the Obie Awards ceremony on May 20 at Webster Hall in the East Village. She will be presenting the lifetime achievement Obie to Lois Smith and Frances Sternhagen. Ms. Smith is a veteran of Broadway, television and Hollywood who played the mother, Mable Murphy, in Sam Shepard’s “Heartless,” which opened at Pershing Square Signature Center last August. Ms. Sternhagen has also had a long career in film, television and theater. She can currently be seen as Rose, the car-crashing mother in Liz Flahive’s “The Madrid,” a Manhattan Theater Club production at City Center Stage I. The co-hosts at the Obie Awards will be Jessica Hecht and Jeremy Shamos. Many thanks to Glenn for the heads-up.