Put the "battle station" (some call it a drop zone) either to the left of the front door, or to the right, but even better to the right of the door along the wall adjacent to the closet. That defines a little "foyer". Place a lamp on the table, not to high wattage, and hang something above it. Maybe a mirror? Put the mini-fridge in storage. Unless you need some airtight storage somewhere, in which case it can be used unplugged. What dimensions is the bar-height table? Perhaps that could go in the kitchen for extra appliance placement (a toaster and the coffeemaker, you can perch on the stool for your morning bagel). Do you actually eat at your dining room table? Your dining room probably will work very well as your home office-studio. It might be a nice place for the rug! For the living space: your only seating is the futon? How long is it? i just noticed that you have an "office/rec room". How do you use that room?

Thank you all for your suggestions! @Enduring I definitely can push the TV back on the stand. I don't think I have enough room to allow the back of the sofa to be a walk way. @Immcnitt I like the idea of a console table. I'll see about playing around with the layout over the next few days. I agree with the chair in the corner, it is a bit odd. I do think the layout is TOO open now and makes the table look far to small. Hmm. @Jamie Our ceilings are too high, would the new lighting need to be shorter? @Jamie I would love a new rug in the living room for sure. I hadn't thought about a rug in the dining room, maybe that would make that space feel so open now.

Try a 3-seat sofa facing the windows with a coffee table and two chairs, one at each end of the coffee table to form a "U." Use a drop leaf table behind the sofa to serve as a dining table/sofa table.Hang art opposite the grouping with a console or credenza below it. On the large wall add casegoods (bookcases, a secretary, display cabinets.) Additional art between the bedroom and entry doors. Scale is different below, but just for concept of a "U" and of a sofa/dining table.

1) wall may be structural 2) you may have to replace all the flooring if you remove it, unless you have more on hand 3) I'm confused, because it looks like the dining room is already in the main space, up by the kitchen/window where there's a chandelier hanging down. then I see two ceiling fans worth of LR space. the more enclosed room to the left looks like an additional/separate room, maybe intended as an office, or as a more enclosed space (family room) for TV watching. if you open it up, you need to think hard about where you are going to put the TV with furniture facing it, and how you will subdivide the rest of the space. If you can draw a sketch of the floorplan, with measurements, including things like whether there's a closet near the front door, we might be able to rough in some different arrangements to help you visualize what you might be able to do with the spaces. It's a bit too hard in the abstract to tell whether this is all one big seating space, or whether it's big enough for an entry zone or game table and a separate conversation area, and what would happen if you added in yet more LR space...