This is a perfect combo of my two favorite ideas for that space under the stairs leading to the basement. A reading nook AND book storage and shelves . assuming that there is enough space for this there.
Yarn Ball Christmas Tree Ornament By PhoenixFireDesigns I made this as a gift for my friend Lorena who owns Hanks' Yarn and Fiber. It's a yarn ball Christmas Tree ornament complete with bamboo knitting needles.