First of all, thanks for the continued help!  I'm starting with the item in storage, but when I left click the name of the item it leaves storage and sticks in the floor.
Here is a click by click screenshot extravaganza.  I feel like a crazy person!
Mine doesn't have a blue haze when it stick in the floor, though, and if I exit right then and there, the picture STAYS in the floor like it's already placed.  I have no idea why it would behave differently from yours, though.  It's just a single left click.
EDIT:  WAIT I FIGURED IT OUT!  The blue glow is Display Preview, and enabling it changes it to allow Place in the subcommands!!!!
VICTORY!  I have a stage above my window!  Thank you SO much.
So TL;DR for those still trying to duplicate this, you MUST have Display Preview on.