Meteor update ENFILE: file table overflow, uv_cwd [SOLVED]

Is anybody else having trouble upgrading to the latest version of Meteor 1.4.4.1? When I run meteor update in any of my projects it crashes. I am on OS X 10.11.6

{ [Error: ENFILE: file table overflow, uv_cwd] errno: -23, code: 'ENFILE', syscall: 'uv_cwd' }
/Users/jhm/.meteor/packages/meteor-tool/.1.4.2_3.1vfaely++os.osx.x86_64+web.browser+web.cordova/mt-os.osx.x86_64/isopackets/ddp/npm/node_modules/meteor/promise/node_modules/meteor-promise/promise_server.js:190
      throw error;
      ^

Error: ENFILE: file table overflow, uv_cwd

meteor update goes from downloading to extracting and then back to downloading and then the error happens

I just re-installed meteor, that solved it (a pain, because it usually removes existing ~/.meteor)