WebStorm: New AngularCli Project: Error: directory should match format "path"
it's a known cli 1.7.x issue - https://github.com/angular/angular-cli/issues/9655; unfortunately we have been unable to fix it on our end so far... We are working with Angular team on this, please follow WEB-31291 for updates.
As a workaround, you can try creating new angular app in terminal using ng new <project_name>
and then opening the generated project folder in WebStorm