@mhatres, Consider yourself lucky today. I had a student designer who wanted to see how a design can be made with a little information. I took your floorplan for an example and made these designs for you. Hope you liked them!

Jayme is correct - unless you find a long vertical piece to place next to the bar, I would center it and use the negative space as part of the decoration. Of course add a great mirror or picture above the bar. A carpet in front would warm it up. Looking at the sheen on the wood I suspect this is very polished - you can emphasise the art deco feel by adding lots of silverware (silver tray, cocktail shaker, ice bucket) and crystal glasses - tumblers and highballs in cut glass below a large mirror with a dark wood frame similar to the wood in the bar

Leather sofas can really dominate the room and can give an overall cold feeling. I would add some earthy elements, like a wood coffee table with glass or metal. Go to Restoration Hardware's website and look at their sofa room scenes. And I'm sorry I think the art is too harsh for the room. That's all your eye goes to in the room. too overpowering. I would look for something softer or maybe a cool mirror and I would add color to the room with pillows and some colorful lamps. I also think woven blinds would look great. They add warmth and give a finished look. The color of your window treatments should contrast your wall color a bit, not match it or else it starts to look generic and blah.. You have warm walls, warm floors and the woven blinds, like Hunter Douglas brand would pull it all together for you.

Perhaps a large round table might mean a rug is not at all necessary. It could be a metal tray table, or carved wood like Rebecca Mitchell Interiors illustrates. Ideas also to consider, using multiple tables can be found at http://www.houzz.com/multiple-coffee-tables. I also agree with comments above that some color is needed on the walls. You could then hang round mirrors, or an unusual curved shape like RMI shows above.