I don't know if there is any room for a good reading chair but if you can: every library should have a wing-back. Ikea brought this style back a couple years ago. It's an Ikea classic and I can see why.
Don't need the giant TV, but I love the stacked stone! Stacked Stone Fireplace - Love this! This is how I am going to re-do my fireplace, maybe a little darker stone though, but love the whole concept.