Adding Space to Favorites fails resulting in an error

Steps to recreate:

1. Click on the star sign provided across the Space to add to favorites
2. Error window opens up and fails to add space to favorites. This link does not work after that at all.

Refer the image attached.

Please note that this is one of most desired features that people in our company wanted to use which would avoid them to scroll through the various spaces to get to the correct one. Please provide a fix to this ASAP. Thanks.