I was trying to create a new TypeScript project in Visual Studio 2015. As soon as I hit the OK button, Visual Studio would crash. I then checked it with a Console Application template and everything seemed perfectly fine then. Again when I tried to create a new TypeScript project, Visual Studio crashed yet again!
The issue, as it turned out was, that I was using an older version of the TypeScript, 22.214.171.124, and I needed to update it. Since I had not used TypeScript before, I never bothered to check it’s version history. Nevertheless, I then decided to update it from the Visual Studios Extension and Updates UI to version, 126.96.36.199 and, the issue got resolved.