"FATAL ERROR... process out of memory" when creating todo tutorial app

After installing meteor successfully with curl https://install.meteor.com/ | sh, I am trying to run meteor create so that I can do the meteor todo app tutorial:

$ meteor create simple-todos                                                                                                
FATAL ERROR: CodeRange::GetNextAllocationBlock Allocation failed - process out of memory
zsh: abort      meteor create simple-todos

This might be related to v8 engine ram allocation limit, but I’m not sure what to do about it.

I’m on OSX 10.10.4.

I’m getting this same error on a different mac with 16gb ram, running 10.10.5.

same thing in a centos7 server… any ideas?