Here are the top three lounge chaise options that we considered for a project on the Upper East Side.  The first photo features a set of mirrored chaises covered in a melange wool fabric that we decided on and the following are the options.  When we were initially designing the space we had two lounge chairs facing a loveseat but the client wanted to be able to watch tv or read as well as entertain.

Chaises are a great option to put in the center of a living room if space is limited and you still want a comfortable lounge option. You are still able to stretch out your legs and relax without having to commit to a sofa or sectional.   Another benefit of selecting two chaises as opposed to a sectional is they can be moved around or separated if you are having guests.  They can be placed in a corner similar to a sectional if needed.  Chaise lounges may or may not have arm rests and there are options for both indoors and outdoors.