Well -- start by clearing the room completely -- that move alone can really help you see the whole space in a new light or form! Also: what items do you currently have to furnish it? What do you need? How about painting the room? I like the rug -- and the shelves. Clear the shelves -- and simply add some books -- and modern clean-lined glass or silver/plate items -- like bowls. For a modern touch -- add a gallery of black-and-white photos -- mat alike and frame alike too. If you plan to keep the TV in the room -- then consider angling the unit into the corner at the left-hand side of the far window. Then step back and really look at the space -- would a sofa work against the wall where the computer desk now sits? Then add a couple of armchairs and an ottoman/long coffee table. Lots of lamps too. Maybe roman blinds at the windows.

I have this, also off the entry. I’m not into “formal” rooms in houses considering I actually live there! I’ve designated mine as the “casual room”. My house is still being painted right now but this room will have a daybed, some casual chairs, all of my plants and possibly a bar car or cabinet when finished. My style is more boho/eclectic though so my dining room furniture is not formal whatsoever. Your room looks like a good candidate for a sitting/conversation area. You could put a large bookshelf or bar cabinet on that back wall. Depends on your lifestyle. Do you have another eating area? Will you actually be using the dining room? If not, I would eliminate the idea that a dining table has to go there and look at the two spaces as one big space and find a purpose for it that way. Of course, this is lifestyle dependent and needs to function the best for your family. I will say, however, that carpet in a dining room is not ideal in the slightest.

Could you post a simple drawing of the room with dimensions for us? I think that would be most helpful.

I think the window treatments should be an almost invisible background for the large velvet sofas. And as far as formal fabric for the drapes, no. Again, use a fabric that is more casual but heavy in weight, so that they're well balanced against the heaviness of the large velvet fabric of the sofas. But don't try and compete with the velvet sofas (and who could) or overwhelm with the formal look, but provide a soft, casual, low-profile background for your royal couches. And make sure they do puddle on the floor/carpet a couple of inches, otherwise, with the velvets, they're going to look like a man wearing a tux with too short pants.