I live in New York and expect a cold winter this year. I have been using an old Peacoat I bought from Gap. I am looking to upgrade it. I am looking to plan better for this winter so I can stay warm during my commute. I am also looking to buy an all-in-one to save closet space (tough to find space in NYC). So far I found one good solution but it is kind of expensive.

http://www.eddiebauer.com/catalog/pr...mPathInfo=null

I am interested in any reviews on this coat as well as other alternatives. I am also looking forward to any tips from folks who are living in cold climates. Are there ways to layer, use certain cloth materials that will help.