Family Room: reading nook surrounded by books Could be a nice place to cuddle up with one (or more) of your kids. You could have the bench hinge up to allow for more storage underneath (blankets, inflatable air mattress, other things infrequently used).
Daybed with storage, perfect for the nursery, on those nights when baby is up 100 times, so I can be close. Then will be baby's bed when the crib gets too small. Covered in coordinating throw pillow, I can just see the grey, shades of blue (especially the ikat) now.