The black bookcases fight with the style of your room and should be relocated. I'd consider placing the TV on this wall so that the fireplace is still the focal point of the room. Keep the wood cabinets you currently have located on the back wall. Just place art on the wall above them.
You can still use a sectional and additional lounge chairs or a sofa and lounge chairs.
Change out the ceiling fan to a white one that is larger and hung at the correct height.
Use a low, wall-mounted cabinet beneath the TV to keep the MCM style of your room.
It's unfortunate the black track lights draw so much visual attention. They would be better if they were white to blend into the ceiling.
I don't see any reason to get rid of the sectional. It looks like it's still in good shape. Try moving it to the new location along with the TV and see how it works for the room.
The black bookcases fight with the style of your room and should be relocated. I'd consider placing the TV on this wall so that the fireplace is still the focal point of the room. Keep the wood cabinets you currently have located on the back wall. Just place art on the wall above them.
You can still use a sectional and additional lounge chairs or a sofa and lounge chairs.
Change out the ceiling fan to a white one that is larger and hung at the correct height.
Use a low, wall-mounted cabinet beneath the TV to keep the MCM style of your room.
It's unfortunate the black track lights draw so much visual attention. They would be better if they were white to blend into the ceiling.
I don't see any reason to get rid of the sectional. It looks like it's still in good shape. Try moving it to the new location along with the TV and see how it works for the room.