Here are my two cents, in a pinch! Safety would be first if it were me, so I would suggest putting your bed (box spring and mattress) on the floor without a frame, headboard etc. to save space to one side of the room first. That should save some room. Then I would move at least one of the two dressers into the living room area, double it as a place to put books on top, make it decorative, but still use it as a dresser! That would increase your bedroom space, so you might have enough room for a toddler bed now,(pretty inexpensive, usually 40 bucks or less), and keep the crib in there too for your infant. If you still don't have enough room, consider moving both dressers into the living space, getting rid of any other furniture that you rarely use, like a coffee table or maybe an end table. And space saving things like over the door compartments can hold socks, underwear, t-shirts and can be put on the back of your bedroom door to help with storage. Hope this helps, I too have lived in smaller spaces!