When dragging a control from the toolbox and dropping it in the Windows Forms designer, a message box appears with the message Object reference not set to an instance of an object.
After closing the message box, I can drop the control on the form without any other issue.
This happens on a new project as well. The error appears in both VS 2015 and 2017 (both community editions).
EDIT : This happens on any control, including custom ones. This started happening after I updated to the latest version of Windows 10 (17134.48).